Start 2015 off on the right foot by doing a home inventory. What’s a home inventory?
Simply, it’s an inventory of all your personal belongings inside your home. Why make a home inventory? A home inventory can help you:
- Buy the amount of insurance you need
- Get your insurance claim settled faster
- Verify losses for your income tax return
- Keep track of all the things you’ve accumulated over the years
There is a variety of ways to go about creating your home inventory. It may seem like a lengthy task to record information about everything in your house or apartment, but don’t let that put you off. A great way to start is to go room by room, category by category (furniture, electronics, etc.). Keep your inventory in a safe, memorable location so when the unexpected happens, you are prepared. Another great resource to keep your inventory safe and secure is a free home inventory online program called Know Your Stuff (visit www.knowyourstuff.org), which is also a downloadable App off the App Store.
In the event that something does happen to your home, having a home inventory will expedite the claims process and have your home running as normal.