In the unlikely event that disaster strikes, you'll want to be prepared for the worst. After a burglary, house fire, or flood, it's hard to think clearly about next-step details like filing an insurance claim. There are many different concerns to deal with. Having a complete home inventory will relieve some stress by ensuring you're quickly reimbursed for stolen or damaged possessions. Keeping all of your important possessions accounted for is a no-brainer. Here's how to make one:
What Should You Include in Your Inventory?
Include any possessions you would want to receive reimbursement for if they were destroyed or stolen, such as expensive furniture, jewelry, firearms, electronics, antiques, tools, and designer clothing. A thorough way to document items is to focus on completing one room before moving on to the next. Also, don't overlook storage places such as the basement or garage. This is the best way to ensure that you don't miss any seldom-used items that hold value.
Create an Extensive Record
When creating a record on paper or digitally, you'll need more than just a list of your possessions. Take pictures of each item, include descriptions of their condition, and save any original receipts or serial numbers. There are home inventory apps to help you organize your photos and pertinent information. Keep records of the value of items if you're able.
Take Videos of Your Possessions
Taking a video walk-through of your possessions provides clear documentation without the need to list every cup and fork you own. Get close-ups of smaller items to ensure you have a clear image. Keep a running dialogue while you record to provide descriptions of each item's condition. You'll still want to save original serial numbers and receipts. This will serve as an excellent backup to other copies of inventory.
Regularly Update Your Inventory and Keep It Secure
You should update your inventory when you receive expensive gifts, such as during the holidays or after your birthday. Make it a habit to record new furnishings, electronics, or appliances, and remove items on the list that you no longer own. Do this as soon as you get new valuable possessions, so you don't get sidetracked. After all your hard work, don't accidentally lose your home inventory. Ensure it's securely stored in a fireproof safe, safety deposit box, or digitally in the cloud.