Home insurance is designed to protect you from financial loss if a covered event occurs. The professionals at Advantage Service Insurance, serving Erie, CO, can help you find the best home insurance policy to meet your needs.
If you already have a home insurance policy, keeping a home inventory can be a valuable tool during the recovery process, especially if your home suffers a total loss. Here’s what you need to know about creating and maintaining a home inventory.
What Is a Home Inventory?
A home inventory is a detailed record of everything in your home. Some homeowners prefer to keep their inventory in a spreadsheet on their computer, while others use apps specifically designed for home inventory management. This record should include relevant details such as item descriptions, purchase prices, and dates of ownership.
Is a Home Inventory Required for Home Insurance?
While some home insurance policies require policyholders to maintain a home inventory, others do not. If your policy requires a home inventory, your insurance agent will inform you when you sign up for coverage. Even if it’s not mandatory, keeping a home inventory is highly recommended.
Why Create a Home Inventory?
Having a home inventory makes it easier to replace items lost in a disaster. Even if your insurance policy doesn’t require it, maintaining an inventory is a smart way to stay organized and prepared. If you don’t have time to create a detailed inventory, consider making a video walkthrough of your home’s interior. Record your rooms, closets, dressers, and drawers to document your belongings.
Do you have more questions about home insurance or creating a home inventory? The professionals at Advantage Service Insurance, serving Erie, CO, are here to help. Contact us today to get answers to your home insurance questions and find the right policy for your needs.
