If you experienced a fire at home would you be able to list all your belongings by memory? Would you remember the model and serial number of your television, laptop, and camera. What about your stove, washer and dryer?
Insurance helps to restore your home and belongings but without accurate information determining the amount paid out for your claim can get a bit more complicated. To ensure you make the most of your policy we recommend you make an inventory of your home. While this might seem like a daunting task we assure you that it is worth the time and effort, and most likely, it won’t take as long as you think.
How to start the home inventory
It is important to have a list of all your belongings stored safely in case you have to make a claim. We have provided this home inventory to help keep you organized. The inventory goes by room and already has the most common household items and personal belongings listed. There are also apps such as Sortly that can make home inventory a breeze; however, there is a monthly fee to have access to all features. Feel free to create your own if you prefer.
The big stuff
Start with the most recent, higher cost items that you have purchased. Be specific when listing the item (i.e. 50” Samsung LED) and include the model and serial number if available. If you have a receipt for the item, especially larger purchases, keep a copy with your home inventory. Use the purchase date on your receipt or if you don’t have a receipt, give your best estimate.
The little stuff
After listing the big ticket items, room-by-room, start going through the list. Group together items such as decor, books, cooking ware and clothing. Here you won’t be able to list all the details, but give your best description and estimate of your belongings and their costs.