When’s the last time you did a home inventory?
We don’t stop to think about how many things we have added to our homes over the years. If you have been in the same house for over 15 years there is a pretty good chance you have collected a variety of items. Many of these items may be of value. There are a variety of ways to do a home inventory, from keeping a simple notebook, storing pictures on a flash drive, making a video or even using an App to record it all.
A good habit to get into is keeping your receipts for any new purchases, making a note of when you purchased it and the price you paid for it. Expensive items like jewelry and artwork may need to be insured separately. You’ll want to ask your agent whether or not you need to schedule these items on your policy.
You can refer to the following lists to help create your inventory lists. Write a brief description of the item including when and where you purchased it, make and model and price.
Collections (coin, stamp, etc.)
Entertainment center/wall units
Piano/other musical instruments
Coffee makers/other small appliances
Hair dryer/other electrical appliances
Wheelbarrow/other garden tools and supplies
Outdoor cooking equipment
Wills, living wills and powers of attorney
Marriage certificates/divorce decrees
Social security cards
Credit card information
Bank information (account numbers, statements, etc.)
Retirement and pension account information
Home improvement records warranties
Hopefully these tips will help you will doing a home inventory. Remember if you have an expensive items that you feel need to be scheduled on your insurance policy be sure to give one of our agents a call to assist you with this.