itemize

“The bottom line is that it’s very difficult to itemize all of the different ways pregnancy can go wrong in a legal setting,” Gemmill said.

Insurance companies are required to provide funds for replacing personal property in an amount representing 30% of the policy’s dwelling limit, up to $250,000, without requiring the policyholder to file an itemized claim.

They also are due advance payments for their loss of contents equivalent to 30% of their dwelling insurance without an itemized claim.

Some will have to file insurance claims and possibly submit an itemized inventory of every object that was in their house.

Unless your itemized deductions are more than the standard deduction, it makes no financial sense to itemize.