Why You Need to Take a Home Inventory

Safeguard possessions and valuable items by conducting a home inventory.

The whole reason you have homeowners insurance is to protect your assets, right? Such coverage doesn’t just protect you from lawsuits and an expensive home rebuild; it protects your belongings. As most homeowners know, there are a lot of things in the house that we didn’t realize we had. What would happen if we lost precious belongings in a disaster? Here’s why you need a home inventory.

It protects your possessions.

A good home inventory ensures that all of your belongings are accounted for after a loss from a covered peril. When you need to file a claim with your insurer, a list of home inventory possessions details what items you lost in a disaster. In turn, this helps to speed up the insurance claims process and makes sure that your insurance takes care of everything that you lost.

Every homeowner can do it

To conduct a home inventory, you’ll want to take pictures of all your belongings (include the serial numbers of your devices). If you’ve got a video camera, you can walk through your home and film every room for a good and simple start.

It can help in other situations.

Your home inventory list can also help you when you’re moving house, planning your estate, or need the information for tax purposes. To ensure the safety of your inventory document or file, always store it outside of the house in a safe location and email a digital copy of it to yourself.

Note: update it regularly so that new purchases and gifts are included!

Does your homeowners insurance need a review to ensure that your home and belongings are covered? Get started on a tailored homeowners insurance policy to suit your needs and budget by contacting Kurt Rolf Insurance Agency today, serving Minnesota, Wisconsin, Florida, South Dakota, and Arizona.