loader

How to Conduct Your Home Inventory

How to Conduct Your Home Inventory

Jun 01, 2017

Home Insurance

Conduct Your Home Inventory

Simplified steps for creating your home inventory!

You may think that you know exactly what is in your home. However, when it comes to the aftermath of a disaster, and you have to  list which items you 've lost, valuing your personal property from memory is harder than you think. For this reason, home insurers ask homeowners to complete a thorough home inventory of all possessions. By having a physical list and photographic evidence of home contents, insurers are able to match coverage to the value of items accurately. In addition, filing a claim is made that much simpler! Here 's how to get started.

Put It On Paper

Write down a list of all of your belongings. The written description should include the date of purchase, original cost, and any improvements. Write down serial numbers for TVs, computers, and electronics, and keep receipts along with any paperwork. As you sell or buy new belongings, ensure to add or remove the items from this list.

Shoot It

If you have a video camera, use it to establish additional documentation of your home and belongings for insurance purposes. Recording valuable items may be used as evidence in the case of theft, fire, or damage. As a rule of thumb, scan all rooms, shoot close-ups of all valuable items, and provide auto-commentary of details that may not be visually apparent. Store this tape in a locked file cabinet  and  upload it so that you have a digital copy.

Store It

Once you 've captured all of your belongings on video and paper, you 'll want to store these files safely. If your home burns down, a home inventory will be of little use if it burns down with it. First, make a digital copy of both and email them to yourself. Secondly, keep the papers and video film in a fireproof box safely in the home or outside of the property.

Update It

Once you have established a complete inventory of your property, it should be easy to update it periodically. Now that your home inventory is complete,  contact  Lofgren Agency to secure the right  homeowners insurance  for your needs in Hudson, New York.
Checklist for a Seamless Commercial Insurance Renewal
Checklist for a Seamless Commercial Insurance Renewal
The Impact of Smoking on Life Insurance Policies
The Impact of Smoking on Life Insurance Policies
Can I Get Life Insurance with a Cancer History?
Can I Get Life Insurance with a Cancer History?
Maternity Coverage and Health Insurance Demystified
Maternity Coverage and Health Insurance Demystified
Exploring Car Insurance Options for Unmarried Couples
Exploring Car Insurance Options for Unmarried Couples