Keep your precious belongings safe with a complete home inventory.
The holiday season has come to a close! With our bellies full of good food, our voices sore from caroling, and our holiday presents stacked high, the aftermath of the holidays involve getting re-organized and back into the swing of things!
Adding your presents to your homeowners insurance policy is a perfect way to start the year and a good excuse to find your new presents a place in the home.
Here are some tips to help you update your home inventory so that your coverage doesn’t have any gaps!
Appraisals: Get your valuable objects appraised! Often, precious metals, stones, and gems increase in value over time. So, if you know you have your grandmother’s ruby ring in a box somewhere, find it and take it to the jeweler! Depending on the value of your items, you may need to extend your coverage or even take out a separate policy.
Digital and Written Inventories: Documenting your belongings will stand you in good stead should you need to replace or receive compensation for the loss of your belongings. When adding items to your inventories, make sure to include a picture or a description of the item as well as other details such as value, brand, model etc. and keep a written list of belongings safe with a digital inventory for extra security.
Storing Your Inventory: Two copies are always better than one. If you lose one copy, you’ll be able to refer to the second one rather than starting from scratch. Consider storing the written copy in a safe-deposit box and back up the digital inventory onto a CD or a memory pen!
A comprehensive home inventory catalogue allows your home and belongings to be recovered, rebuilt and replaced after a loss. Therefore, a full home inventory can help you replace your belongings after a loss, and accurate records make it less likely that there will be a dispute between you and your homeowners insurance company during the claims process.More