Homeowners: Why You Should Keep an Inventory of Your Belongings

When disaster strikes—whether it’s theft, fire, or natural disaster—having an inventory of your belongings can make all the difference in filing an insurance claim. Without a detailed record, proving what you lost and its value can be challenging. Here’s why keeping an inventory is essential and how to do it effectively.

What Is a Home Inventory?

A home inventory is a detailed list of your personal belongings, including descriptions, photos, and receipts. This documentation helps ensure you receive proper reimbursement from your insurance company in case of loss or damage.

Benefits of Keeping an Inventory

📌 Faster & Smoother Insurance Claims – A complete inventory helps speed up the claims process, making it easier to prove ownership and value.
📌 Accurate Insurance Coverage – Knowing the total value of your possessions helps you determine if you have enough coverage.
📌 Protection Against Loss – In the event of theft, fire, or other disasters, an inventory ensures you’re properly compensated.
📌 Easier Estate Planning & Moving – A detailed inventory is also useful for estate planning and tracking valuables when relocating.

How to Create a Home Inventory

✅ Start Room by Room – List items in each room, including furniture, electronics, and personal valuables.
✅ Take Photos & Videos – Capture clear images of items and record videos showing serial numbers and brand details.
✅ Keep Receipts & Records – Store receipts, warranties, and serial numbers for high-value items.
✅ Use an Inventory App – Digital tools like Google Sheets, Excel, or home inventory apps make tracking easier.
✅ Store Your Inventory Safely – Keep copies in the cloud, on an external hard drive, or with your insurance provider.

When to Update Your Inventory

It’s essential to update your inventory regularly, especially when you:

✔ Purchase new valuables
✔ Receive expensive gifts
✔ Sell or donate items
✔ Move to a new home

A home inventory is a simple yet powerful tool for protecting your belongings and making insurance claims hassle-free. Whether you create a digital list, use an app, or record a video walkthrough, taking the time to document your possessions today can save you time, stress, and money in the future.

Need help ensuring your coverage is up to date? Contact your insurance provider today!