Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Creating A Home Inventory
1.
2. It is a lengthy process to
create a home inventory but
the benefits of having one far
outweigh the time and effort
to create.
If your home is ever
destroyed, or burglarized, a
home inventory will speed up
the claims process, give
authorities verifiable proof of
what is missing and even
comes in handy at tax time to
verify your loss on your
income tax return.
3. A home inventory is a
detailed list of everything
in your home. Don’t
forget to include fixtures!
If you paid for it you need
to include it on your list.
*Description of the item
with photo or video
*Serial number
*Purchase date
*Estimated value
A home inventory is a detailed list of everything in your home. Don’t forget to include fixtures! If you paid for it you need to include it on your list.
•Description of the item with photo or video
•Serial number
•Purchase date
•Estimated value
4. “There’s an app for that” Check your phone or Ipad for
an app. Many good ones are out there. Read the reviews.
If you don’t want to use an app, build a spreadsheet in
excel or Google sheets with 6 columns, one each for
Item, Description, Serial Number, Purchase Date, Value
at time of Inventory and photo. Within your sheet create
a tab for each room of your home. Don’t forget the attic
and storage buildings! Walk around each room and list
each item and fixture in each and every room.
5. Video home inventories are
also accepted by insurance
companies. Again you will
want receipts attached,
serial number and value of
each item at the time of the
inventory. Walk around
your home as described in
previous slide with a video
camera and for each item
verbally and clearly while
filming describe the item or
fixture, the purchase date,
and the value. Store the
video and receipts outside
the home in your safety
deposit box or with your
insurance agent
6. Make certain once your inventory is complete that you store it
outside of your home, perhaps in a safety deposit box, or perhaps
with our insurance agent. You can also store built on your
computer in the cloud. If you home is destroyed, you do not want
your list within the home or on your computer to also be
destroyed.