What Is a Home Inventory List?
A home inventory list is a list of the items or personal belongings you have in your home. Having an up-to-date home inventory will play an important role in recovering any items you lose in an accident, and will help you get your insurance claim settled faster.
Why Do You Need It?
If you ever need to file a homeowners insurance claim, you will need to submit a list of items that have been lost, stolen or damaged. A home inventory list is also a good way to help you determine your property coverage needs.
How to Create your Own Home Inventory List?
You can either write it down, take pictures or even shoot videos. When identifying the items you include in your list, you should have a description, indication of value, where and when it was purchased, receipt of purchase if possible, and any other special details that could make it easy for your insurance agent to process a loss for you.
Finally, remember that the format of your list doesn’t matter, what matters is that you keep copies of it outside of your property so it won’t be destroyed if your house endures a natural disaster.