When you purchase insurance, the company will ask you for a home inventory so they can determine how much coverage to give you. This is especially important if you have a lot of valuable items in your home. Creating a home inventory is not as difficult as it may seem. Here are a few tips on how to create a home inventory for insurance purposes:
1. Make a list of all the rooms in your home and what is in each room. Include everything from furniture to electronics to clothing.
2. Take photos or videos of each room and all the items in it. Make sure to date the photos or videos.
3. Keep receipts for all major purchases. If you don’t have receipts, try to find other documentation like credit card statements.
4. Store your home inventory in a safe place like a safe deposit box or a fireproof and waterproof box.
5. Make sure to update your home inventory regularly, especially if you make any major purchases.
Creating a home inventory may seem like a lot of work, but it is important to do if you want to make sure you have adequate insurance coverage. By taking the time to create a home inventory, you can rest assured knowing that your belongings are properly protected.
https://www.thebalance.com/how-to-make-a-home-inventory-for-insurance-purposes-2275191
https://www.valuepenguin.com/home-insurance/create-home-inventory
https://www.nerdwallet.com/blog/insurance/home-inventory-for-insurance/