Homeowners are advised to update their inventories to cover some of their most valuable assets.

Insurers say that people often tend to think of large electrical items such as big-screen TVs as their most expensive possessions to replace, but they may ignore more valuable items that have been acquired over the years.

Family heirlooms are particularly vulnerable as owners may not appreciate their cash value. Smaller but high-value items are among the most stolen in burglaries too.

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