Home Inventory List Helps With Insurance Claims
Creating a home inventory list sounds daunting when you think about all the items you have in your home. With today's technology and resources, it doesn't need to be that difficult. If you ever experience a disaster or fire, you will be glad that you took the time to have an up-to-date home inventory list. This will help settle your insurance claim quicker, verify losses for your income tax return and help you purchase the correct amount of insurance.
In this day and age there are a number of apps and websites out there to help you compile your home inventory list in an easy and manageable way. If you prefer the "old fashioned way" we have an easy-to-use checklist to help get you started.
However you decide to manage your home inventory list, be sure to store it in a safe place outside of your home, on a digital file, or within an inventory checklist app.
We've compiled a few suggestions and tips to get you started:
- Download an app to assist, like HomeZada.
- Use a camera or your phone to take pictures and videos.
- Start with one room at a time. Remember to look in drawers, closets (don't forget handbags), attics, and basements.
- Keep or take pictures of receipts and appraisals to document detailed information such as purchase price or value.
- Make note of any items that are especially valuable. When making this list, check with your insurance agent to make sure you have proper coverage on these items prior to a loss.
- Count your clothing. For example, "2 pairs of jeans, 4 pairs of tennis shoes, etc."
- Update the list annually, if not more.
Do not get overwhelmed and give up. Even if it takes you several weeks or months to complete this project, a partial inventory list is better than nothing at all. If you need any additional tips or help, contact your team at TROXELL.
This article was written by:
ALYSSE IS THE MARKETING DIRECTOR AND PERSONAL LINES AGENT AT TROXELL. OUTSIDE OF WORK, ALYSSE ENJOYS SPENDING TIME WITH FRIENDS AND FAMILY, TRAVELING, AND COOKING. CONTACT ALYSSE AT 217-321-3222 OR AHEWELL@TROXELLINS.COM
This information is advisory only. The author assumes no responsibility for management or control of loss control activities. Not all exposures are identified in this article. Contact your local TROXELL insurance agent for coverage advice and policy service. Neither TROXELL nor its affiliates or representatives offer legal advice. Consult with your attorney about your specific situation.