Keeping track of your home belongings might seem like a tedious task, but if disaster strikes, you’ll be glad you did. Your homeowners insurance is designed to protect your property and belongings. But to ensure a smooth claims process, you need to have an up-to-date home inventory documented. Without one, proving ownership and valuing your possessions can become a stressful and time-consuming ordeal.
The good news? Creating a home inventory doesn’t have to be overwhelming. A little preparation now can save you major headaches later. Follow these simple steps to make the process easy and effective.
Step 1: Use Technology to Your Advantage
Gone are the days of scribbling lists on paper. Apps like Sortly make home inventories effortless by allowing you to:
- Organize items by room or category
- Scan barcodes for quick identification
- Upload photos and details for each item
With a digital inventory, you can quickly update and access your records anytime, anywhere.
Step 2: Document Everything
A list alone won’t be enough—photos and videos provide visual proof of ownership and condition. Here’s what to do:
- Take clear pictures of high-value items, including serial numbers and receipts.
- Record a walk-through video of each room, narrating key details about your possessions.
- Note purchase dates and estimated values, especially for big-ticket items.
This extra step makes filing a claim easier and ensures you get accurate compensation.
Step 3: Keep Your Inventory Up to Date
A home inventory isn’t a “set it and forget it” task. Regular updates ensure your list reflects your current belongings. Be sure to:
- Add new purchases, especially valuable electronics, jewelry, or furniture.
- Remove items you’ve donated, sold, or discarded.
- Schedule a quick review at least once a year.
Keeping your inventory fresh will make it more useful when you need it most.
Step 4: Check Your Insurance Coverage
Many homeowners underestimate the total value of their belongings, leading to coverage gaps in their insurance policies. Take a moment to:
- Compare your inventory’s total value to your current coverage limits.
- Consider scheduling high-value items—like fine jewelry, artwork, or collectibles—on your policy for extra protection.
- Contact your insurance provider to discuss whether additional coverage is necessary.
Knowing you have enough coverage provides peace of mind in case of unexpected loss or damage.
Step 5: Store Your Inventory Securely
An inventory is only useful if you can access it when needed. Make sure you:
- Store a digital copy in the cloud, such as Google Drive or Dropbox.
- Email a copy to yourself and a trusted family member.
- Keep a printed copy in a fireproof safe or offsite location.
By having multiple backups, you’ll ensure your inventory is available—even if your home is damaged.
Final Thoughts
Creating a home inventory doesn’t have to be daunting. By following these steps, you’ll have a well-documented record of your possessions, making insurance claims faster and smoother.
Need help reviewing your homeowners insurance policy? CAV Insurance proudly serves Wellesley, Weston, Newton, Brookline, Dover, Sherborn, Medfield, Sudbury, Wayland, and surrounding areas, helping homeowners like you secure the right protection for their assets. Contact us today to ensure your coverage meets your current needs!