While you might have safety procedures, first aid kits, and even evacuation plans in place, do you have all the information necessary to file a home insurance claim after the disaster has passed?
One of the things you will need to know is the value of your personal belongings—everything from your electronics down to your clothing. Not sure how much your personal belongings are worth? Then creating a detailed home inventory is the best way to determine this important value.
Here are some tips to help you create your home inventory.
Make a List
You should start your inventory by listing all the belongings you keep inside your home. Your list should include information such as the type of item, the original price of the item (including receipt if possible), the year the item was purchased, and the item serial number along with any other information you feel is relevant.
Creating this list will take a significant amount of time, but you only need to do it once. Once your list is created, you simply need to update it on an annual basis.
Take Photos or Make a Recording
In addition to your list, you should also consider taking pictures or a video recording to document your possessions.
Take photos of entire rooms and individual items, including spaces such as closets and drawers. Label each photo or recording with the pertinent information from your list. This will make it easier to identify your items and get the coverage that you need.
If you are using a recording, then it might also be helpful to narrate, describing the items in the room and noting special features, such as the condition and contents.
Try out these suggestions to help you create your home inventory. Do you have more questions regarding your inventory or your home insurance in general? Then turn to the professionals at John Scott Insurance. Our dedicated team is ready to assist you with all your insurance needs.