![]() NOTE: A record of this information will be emailed to you upon completion of the form. Please be as detailed as you possibly can, the more you list the higher the likelihood that you will receive full compensation for your belongings. Each home is unique in its structure, be sure to add all rooms and items that were present in your home before the disaster. This interactive form will help you in documenting your possessions. An indication of whether or not your insurance coverage is adequate.A record of serial numbers of your electronic goods and appliances.A record of the contents of your home and their value.It is a good idea to take inventory of your personal property before you have a loss, however, you may complete an inventory after as well.Ī complete household inventory can help you establish: However, many insurance companies require a list of your possessions when making a fire claim. Natural disasters can strike anywhere at anytime. The emotions experienced after a loss may present a big challenge when you try to remember all of your personal possessions. Listing all your possessions in the event of a disaster such as fire, an earthquake or mudslide can be difficult. Don’t make the mistake that I did.Fire Loss Inventory Tool Home Inventory List For Insurance Ultimately however, I did do a inventory and discovered that the lump sum that I thought fair at the time was roughly equal to only half the actual contents value. ![]() I took a lump sum payout on the home contents because I couldn’t imagine the pain of trying to inventory those contents from memory. Hopefully you will never need those records but if you do you will be glad you took the time to create them. Computer lists and records can be updated and added to as necessary. More detail is better and don’t skip the little stuff. Safe deposit boxes work well here if you have one or are willing to arrange one. Pictures, receipts, videos and printed inventories saved to the cloud and perhaps a flash drive stored out side of the home. My insurance agent suggested video of the entire home including closets and shelves. My insurance company worked with me but I still came out about $200-250K short of value in the end. Also, shop pricing on homeowners insurance but don’t be underinsured. I suggest a comprehensive, time intensive categorization of all belongings in detail. The fire came while my wife and I were sleeping and got everything but us and our cars. I suffered a catastrophic loss to fire 5 years ago. Read More: Take this quiz to see if you’re protecting your heirlooms the right way. Contact the GEICO Insurance Agency for a free quote. Homeowners and renters insurance help give you peace of mind for your most important personal belongings. Why not make your home inventory part of that equation?” “Typically, that’s when you’re thinking about your household finances. And, since you’ve gone to the trouble of carefully recording all of your valued possessions, he advises that you regularly update it-perhaps during April tax season. That way, it will be easy to share with your insurer in the event your property is stolen or damaged, says Barry. Most apps allow you to store your completed home inventory in the cloud or to download it to an external storage device. Do whatever feels right to get you to the finish line.” Store & Maintain Your Records ![]() “In the end, it’s just a matter of preference how you approach making your inventory. “Experts will tell you to start in the kitchen, or start with a small room or with your big-ticket items,” says Barry. It’s a big job, one that may take several days to complete. Consider Extra Protectionįor your most valuable possessions- jewelry, artwork, heirlooms-Barry advises that you contact your insurer you may need additional coverage beyond the basic policy limits to adequately protect these high-value items. ![]() Don’t forget about personal property kept in off-site storage or at your workplace. But, Barry says, you can group other things together, such as clothing, tools, kitchen items and books (for instance, six pairs of jeans or a 40-piece china service). Large appliances, furniture, electronics, computers, rugs and other “big-ticket” items should be individually entered into your home inventory. If you no longer have a receipt for a specific item, estimate the price and approximate date of purchase. “Fill in as many of the blanks as you can,” says Barry. For each item, include type, cost, date and place of purchase, as well as model and serial numbers. Organize your inventory by room (kitchen, dining room, master bedroom). Try to find one that has convenient features such as barcode readers and secure storage options, says Barry. Plenty of apps offer the ability to create a home inventory for little to no money. ![]()
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