If disaster struck your home today, would you know exactly what you had inside? A complete, detailed inventory of your valuables is important when you file an insurance claim.
Why create a home inventory?
A current list of all your major possessions can help ensure you have the right amount of coverage. Knowing what you own and its estimated financial value is helpful when you’re reviewing your policy with your insurance agent. In the event you need to file a claim for theft or damage, a home inventory can help expedite the process.
10 tips for making a home inventory
Whether you create a video, photograph your belongings or both, use these tips:
1. Start outside
Begin with a wide exterior shot of your home. Seeing the entire house provides a great reference point before going into the details of each room. Plus, if you have expensive outdoor furniture, now’s the time to capture it.
2. Let there be light
Before you start inside, remember this one simple tip: Turn on the lights and open the blinds. If you still need more light, bring a flashlight or use the light on your phone.
3. Be thorough
When going through each room in your home, take a variety of shots from different angles. For example, begin with a wide-angle shot of the entire room. Then, get several closeups of each belonging.
Don’t know what to include? Use this calculator trick: Take a few minutes to add up the cost of replacing everything you see in the room. If the result surprises you, add the items to your home inventory.
4. Look in unexpected places