Home Inventory & Homeowners Insurance

Home Inventory & Homeowners InsuranceYour homeowners insurance claim depends on how well you made your home inventory list–have you made sure yours is top-notch? 

When you file a home insurance claim, you expect to be reimbursed for the items that you lost. The only way home insurance companies can confirm that you owned the things you lost is by creating a home inventory list. Here is the why and how on how you can create a home inventory to give you the best chance at a successful claim.

Why should I complete a home inventory? 

When you purchase a home and a homeowners insurance policy, you should also write an up-to-date home inventory to make your claim settlement experience faster and less stressful, should you ever need to make one. With a complete home inventory, your home insurance company can verify your belongings and assets easier, which makes settling your claim faster and easier. You can also verify losses for your income tax return with an updated home inventory.

How do I complete a home inventory? 

Start your home inventory by making a list of all your possessions. Describe each item, noting the make and model and where each item was purchased. Don’t forget to include the sales receipts, purchase contracts, and any appraisals if you have them. Organize your clothing into categories so they can be referred to faster. Here are a few home inventory organization tips:

  • Remember to include your high-end items like jewelry, artwork, and collectibles.
  • Videotape your home by walking through it and describing the contents throughout your home.
  • You can also use pictures with the same effect.
  • Put your photos and videos in a safe place like the cloud or a safe deposit box.

For all of your homeowners insurance needs to ensure your home is fully covered for a complete reconstruction, contact Miller Insurance Associates in Carlisle, Pennsylvania.

How To: Make Your Home Inventory

Homeowners Insurance Carlisle PAMake Your Homeowners Insurance More Effective With A Home Inventory

If a fire takes your home and everything in it, would you be able to replace all of your personal possessions? If you cannot remember what you had, probably not. To make sure that you can rebuild to the same quality of life, create a home inventory, or a list of all of the items in your home. So you can protect your personal property, use these home inventory tips.

  • Capture Pricing: When you file your claim after a disaster, it will be much easier to secure a full reimbursement if you have accurate information about the value of each item. This can be as simple as keeping receipts and credit card statements for everyday items. Get professional appraisals of valuables like art and jewelry. Add all of this information to your inventory.
  • Take Photos: It can be tedious to write every single item down, but photographs can help you capture anything you missed in writing.
  • Store It Digitally: To ensure your inventory is not destroyed in a catastrophe that takes your home, store it online.

Are you working with an insurance agent who is advising you on the best ways to protect your home? Contact Miller Insurance Associates in Carlisle for all of your homeowner’s insurance needs in Pennsylvania.