Home Inventory
No one plans for a house fire, a flood, a tornado, a robbery or the unexpected death of a loved one. Even for those events we do plan for, such a major move, the occasion is enough to tip our anxiety level into a full blown panic. The stress associated with such life changing events can be reduced by preparing a Home Inventory. 
A Home Inventory is exactly what the term suggests. Maintaining a record of the contents of your home. Having one on hand will be beneficial to you on many levels and for many unexpected occasions. It is a time consuming task, but one that we can not afford to forgo.
The more information you can provide to an investigator and your insurance company the easier it will be to assist with an investigation or file a claim- that is compared to having no available information.
Where to begin your Home Inventory:
- Pick 1 day and 1 room in your home:
Make a list of everything in that room that you would want to replace. For each item on the list include the following:
- Name of the item
- Photos and videos
- When and where you purchased the item
- The cost- keep receipts – the original or a copy
- Make, model, ownership manual and serial numbers
- Room location
Follow this procedure in each room, then create an electronic master list or an expandable file folder for the entire house.
- Electronic master list: Create a Word Document or an Excel Sheet and enter your information there. You can scan your photos and receipts and upload those to include in your electronic file. Label Word or Excel columns: “item, make, model, ownership manual and serial numbers, room location and attached photos/receipts”
- Expandable file folder: Label individual folders by room, include your inventory, receipts and other documents and label the photos
Make 2 copies. Store your records in safe deposit box, a fireproof safe or with a family/close friend.Your records will be safe should you have a fire or other home disaster that may otherwise destroy your records.
Side Notes:
Update the list when you purchase, sell or discard of an item
Ask your insurance agent if they provide a Home Inventory check list.
Be sure to have antiques and jewelry professionally appraised and list those items in your insurance policy.
Finally, you may decide to purge while you are going through the inventorying process. Place a box in the room you are inventorying and place those “give aways” in the box.
If you have any Home Inventory suggestions, tips or resources that you wish to share, please share those on our blog.
The SOCS Crew
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