You never know when disaster may strike and all your personal possessions are lost or damaged. Do you know how much your coin collection is worth? Do you know how many pairs of Nikes you have? The very worst part of a home insurance claim is trying to document your possessions! That’s where a home inventory can help. Having a home inventory can help you purchase the amount of insurance you need, get your insurance claim settled faster, verify losses for your income tax return, and keep track of all the things you’ve accumulated over the years.
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, category by category (furniture, electronics, etc.), newest to oldest, or the most expensive to least expensive. Because keeping a comprehensive inventory is daunting, we have found that, unfortunately, most people will never get to it! As an alternative, we recommend you take photos of each room and those possessions of special value.
Likewise, you can take photos of important documents such as– birth certificates, passports, and financial documents. All photos should be saved either in the cloud or on media that is kept out of the house..
Always remember, after you make a significant purchase to add the information to your home inventory or photo log and keep it up to date.
After you create your home inventory list contact Babineau Insurance Agency at (978) 345-4303 or online at https://www.babineauinsurance.com/ to review your homeowners insurance policy. Having an updated inventory can help us ensure that your personal belongings are properly protected.