You never know when disaster may strike. If something were to happen to your home and its contents would you be able to provide your insurance company with a detailed list of personal possessions that were lost or damaged?
Creating a home inventory list can help you keep track of the items that you have accumulated over the years and in the event of an insurance claim will provide you with a list of items to help get your claim settled faster.
It may seem like a daunting task having to create a list of every item you own, but don’t let that scare you off! There are many ways to create your list, you just have to decide what works best for you. You can go room by room or category by category (furniture, electronics, etc.). Or if you prefer, feel free to use the Home Inventory List available on our website.
Whichever you decide here are some important things to include in your home inventory list:
• Item description
• Date of purchase and receipts
• Appraisal or cost at time of purchase
• Estimated replacement cost if purchased today
• Make, model and serial numbers (if applicable)
• Take a photo or video as a backup to the list
Always remember, after you make a significant purchase to add the information to your home inventory and keep it up to date.
It’s also very important to keep a record of legal documents – birth certificates, passports, and financial documents. You can use your home inventory to record information about these papers. You can note insurance policy numbers, bank account numbers, and insurance policy contact information.
Store your home inventory and important records in a safe place such as a fireproof safe or in a safety deposit box. If your list is electronic be sure to have a backup.
After you create your home inventory list contact The Insurance Center at (252) 637-4173 or online at https://www.ticnc.com/ to review your homeowners insurance policy. Having an updated inventory can help us ensure that your personal belongings are properly protected.