In the case of your home being burglarized, catching fire, or struck by a natural disaster, being prepared with a home inventory checklist will help when it comes to determining what was destroyed or stolen.
There’s an old saying: “Failing to prepare is preparing to fail.”
How can you ensure you recover as much of your losses as possible after something happens to your home? Having a home inventory list is a great start and provides you with peace of mind.
Why create a home inventory checklist?
Even though your home insurance policy provides the protection you need in the event of a loss such as a fire or burglary, taking inventory of your possessions is important to do. In order to ensure that all your valuable belongings are replaced, you should conduct a home inventory list, so you have a record of everything you own. That way, if disaster strikes and you’re not in the right mindset, your inventory list will be a helpful asset in determining which items were destroyed or stolen.
How does a home inventory list relate to my insurance policy?
Not only can a home inventory checklist assist you in the event of a loss it can also help you determine whether you have enough insurance coverage. Your coverage should equal the cost of your possessions at today’s prices.
Specialty items such as jewellery, furs, and fine art should be appraised on a regular basis to ensure that you have enough insurance to cover their high-priced value(s).
We’re always here to help.
We’ve created a printable Home Inventory Checklist for you to use. Trust us, it’s worth the time and effort and, once completed, make sure to keep a copy in a safe place.