Performing a Home Inventory

Have you ever thought about what will happen in the event of an emergency or a disaster that could potentially damage your belongings or property? Taking an inventory of everything you have in your home will prepare you to be better safe than sorry. Performing a home inventory is a lot simpler than most people think.

Follow this simple home inventory checklist to better secure the belongings in your home.

  1. Narrow it down: It is true that taking a home inventory can become very over whelming, because let’s face it; we all have a lot of stuff! However, if you narrow it down to doing one room at a time, things will get a lot easier.
  1. Be Specific: Remember that you need to record everything in your home that you will want replaced. This includes items in closets and drawers. Add a description of each item including, the brand, condition, color, and serial number.
  1. Remember The Value: It is crucial to write down information about the value of the items on your home inventory list. Include the replacement cost, purchase price, current value and where/when you purchased the item.
  1. Take pictures:It is a very good idea to take pictures of items in your house, because insurance companies want to double check the existence of certain items.
  1. Review your insurance policy: While you are performing your home inventory, it is suggested to double check your current home insurance policy. You do not want to be over-insured or under-insured.

A good benefit to taking a home inventory is that you can also get rid of unused and unwanted items. It is a perfect time to de-clutter your home.

We want your valuables to be safe from any potential emergency or disaster. We suggest performing a home inventory every few years to keep your belongings safe. Need any help? Feel free to contact a home insurance agent today.

Sources:

Life hacker (www.lifehacker.com)

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