Home | About us

• WHAT IS HOMEOWNERS INSURANCE
• HOW OFTEN SHOULD I REVIEW MY POLICY
• WHAT TYPE OF INSURANCE DO I NEED FOR A CO-OP OR CONDO
• CAN I GET INSURANCE IF I RENT MY HOME
• DOES MY HOMEOWNERS INSURANCE COVER FLOODING
• RENTERS INSURANCE
• TYPES OF HOME INSURANCE
• EARTHQUAKE INSURANCE
• MOBILE HOME INSURANCE
• WHAT IS IN A STANDARD HOMEOWNERS INSURANCE POLICY?
• ARE THERE DIFFERENT TYPES OF POLICIES?
• CAN I OWN A HOME WITHOUT HOMEOWNERS INSURANCE?
• HOW DO I TAKE A HOME INVENTORY AND WHY?
• WHAT'S THE DIFFERENCE BETWEEN CANCELLATION AND NONRENEWAL?
• HOW MUCH HOMEOWNERS INSURANCE DO I NEED?
• DO I NEED SEPARATE COVERAGE FOR JEWELRY?
• I AM INSTALLING A POOL AND WHAT KIND OF INSURANCE DO I NEED?
• WHERE CAN I BUY INSURANCE?
• HOW DO I PICK AN INSURANCE COMPANY?

Would you be able to remember all the possessions you’ve accumulated over the years if they were destroyed by a fire?

Having an up-to-date home inventory will help you get your insurance claim settled faster, verify losses for your income tax return and help you purchase the correct amount of insurance. Start by making a list of your possessions, describing each item and noting where you bought it and its make and model.

Clip to your list any sales receipts, purchase contracts, and appraisals you have. For clothing, count the items you own by category -- pants, coats, shoes, for example –- making notes about those that are especially valuable. For major appliance and electronic equipment, record their serial numbers usually found on the back or bottom.

• Don't be put off!
  If you are just setting up a household, starting an inventory list can be relatively simple. If you’ve been living in the same house for many years, however, the task of creating a list can be daunting. Still, it’s better to have an incomplete inventory than nothing at all. Start with recent purchases and then try to remember what you can about older possessions.
• Big ticket items
  Valuable items like jewelry, art work and collectibles may have increased in value since you received them. Check with your agent to make sure that you have adequate insurance for these items. They may need to be insured separately.
• Take a picture
  Besides the list, you can take pictures of rooms and important individual items. On the back of the photos, note what is shown and where you bought it or the make. Don’t forget things that are in closets or drawers.
• Videotape it
  Walk through your house or apartment videotaping and describing the contents. Or do the same thing using a tape recorder.
• Use a personal computer
  Use your PC to make your inventory list. Personal finance software packages often include a homeowners room-by-room inventory program.
• Storing the list, photos and tapes
  Regardless of how you do it (written list, floppy disk, photos, videotape or audio tape), keep your inventory along with receipts in your safe deposit box or at a friend's or relative's home. That way you’ll be sure to have something to give your insurance representative if your home is damaged. When you make a significant purchase, add the information to your inventory while the details are fresh in your mind.

Article by: Insurance Information Institute

Tags: home inventory online home inventory home inventory plus inventory of home home inventory services american home inventory my home inventory home inventory download home inventory video home inventory business software home inventory software home inventory business home inventory database home inventory tracking best home inventory software home inventory software reviews home inventory software review home inventory programs home inventory manager home inventory forms home inventory sheets professional home inventory stuff home inventory home inventory template free home inventory home inventory spreadsheet home inventory templates home inventory program frostbow home inventory know your stuff home inventory free home inventory program free home inventory software home inventory freeware home inventory deluxe home inventory management safe home inventory home inventory company home inventory companies a2z home inventory kc home inventory home inventory professionals home inventory system home inventory businesses home contents inventory iii home inventory florida home inventory home inventory sheet home inventory for insurance insurance home inventory las vegas home inventory inventory program household inventory software inventory inventory sales residential inventory insurance inventory inventory systems inventory management house inventory inventory management system inventory solutions inventory accounting business inventory homeowners insurance inventory homeowner inventory home accounting homeowner insurance