How to Make a Home Inventory
Having the right homeowners insurance policy is the best way to ensure that all of your assets are protected. However, if your insurance company does not know what belongings are in your home, they cannot provide the right amount of coverage. Making a home inventory is the best way to ensure that all of your assets are protected.
There are many different ways that you can make a home inventory, including:
- Taking pictures – take pictures of each item in your home. Write the value of the item on the back of the picture, or photograph a description of the item next to it. You can also number each picture and then have a list that coordinates with the pictures that explains the value.
- Take a video – walk into each room of your house and take a video of all of your assets. Talk over the video explaining the value of the item. If you can, also try and take a video of the make and model number of the item.
If you have any big-ticket items, make sure to keep the receipt so that you have proof of the cost. The more information that you are able to get about each item, the better coverage you will be able to receive. If you have any big-ticket items that you no longer have the receipt for, consider getting it appraised so that you know how much coverage you need for it. Once you make your inventory, do not keep it at your home, because if your home gets destroyed, so will your inventory. Consider keeping it in a lock box at the bank or with a trusted family member.
For all of your homeowners insurance needs and to ensure that all of your assets are protected in case of any peril, contact the insurance professionals at Phocus Companies is Phoenix, Arizona.
