inventory

When’s the last time you did a home inventory?

In High Net Worth Insurance, Home Insurance, Personal Insurance by Kristin Guglielmo0 Comments

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.

General Appliances

Televisions
VCR/DVD player
Video camera
CD player
Stereo equipment
CDs, records
Radios
Sewing machine
Cameras
Answering machine
Phones
Washer/Dryer
Air conditioners
Heaters
Fans
Vacuum cleaner
Exercise equipment

General Household

Carpet/rugs
Window treatments
Bookcases
Chairs
Lamps/light fixtures
Clocks
Mirrors
Vases
Collections (coin, stamp, etc.)
Pictures/wall hangings
Living Room

Sofa
Chairs
Coffee table
End tables
Entertainment center/wall units
Piano/other musical instruments
Dining Room

Buffet
Table
Chairs
China cabinet
China
Silverware
Crystal
Table linens
Tea/coffee sets
Serving table/cart

Bedrooms

Beds
Bed linens
Dressers/chests
Dressing tables
Night tables 

Clothing

Shoes
Coats
Furs
Suits
Dresses
Sweaters
Sports apparel
Shirts
Skirts
Jewelry
Kitchen

Table
Chairs
Refrigerator
Freezer
Stove
Microwave oven
Oven
Dishwasher
Coffee makers/other small appliances
Pots/pans
Dishes
Glasses
Kitchen utensils 

Bathrooms

Hair dryer/other electrical appliances
Scale
Shower curtains
Towels


Home Office/Study/Den

Desk
Chairs
Sofa
Computer
Printer
Scanner
Fax machine
Books
Tables
Business supplies
Garage/Basement/Attic/Shed

Furniture
Luggage/trunks
Sports equipment
Toys/Outdoor games
Bicycles
Small boats
Trailers
Lawn mower
Snow blower
Shovels
Sprinklers/hoses
Wheelbarrow/other garden tools and supplies
Ladders
Work bench
Carpentry tools/supplies
Holiday decorations 

Porch/Patio

Garden chairs
Garden tables
Umbrellas
Outdoor cooking equipment
Planters
Jacuzzi 

HOUSEHOLD RECORDS

General

Wills, living wills and powers of attorney
Passports
Birth certificates
Marriage certificates/divorce decrees
Social security cards
Education records
Employment records
Church records

Financial

Insurance records
Tax records
Creditor information
Credit card information
Bank information (account numbers, statements, etc.)
Deeds
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.

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