![]() A well-organized home inventory can be an extremely useful tool in this process. Substantiate financial losses for tax purposes or when applying for financial assistance. Following a catastrophe, the only way to determine whether you qualify for a tax break or disaster assistance is to substantiate your financial losses.Having your belongings already documented in your home inventory can be a huge relief at times like these. Disasters are scary and stressful, which can make trying to list damaged property for a claims form even more challenging. Make filing a claim as simple as possible. Most people cannot remember what they had for breakfast much less recall the contents of their attic, kitchen cabinets or downstairs closet after a fire, storm or other catastrophe. The National Association of Insurance Commissioners recently launched a home inventory app (available in the App Store or through Google Play) that has the ability to: Group belongings by. ![]() After all, if you don’t know what you have, how can you insure it adequately? It might seem daunting, but include as much detail about each item as possible, such as your date of purchase and serial and model numbers. Learn how to start your home inventory in 3. You may also want to include the date you purchased it if you want to have a complete record for the insurance company. Your home inventory list should include just about everything in your home, and you’ll need it on hand if you ever have to make an insurance claim. Having a home inventory can simplify the claims process and help you recover from a loss, damage or theft. Having an accurate list of all your possessions helps you to have a more productive conversation with your insurance professional when making decisions about homeowners or renters insurance coverage. Just Download Our 100 FREE Home Inventory PDF Here It is important to capture the Item, a brief description, the Manufacturer / Serial number, and the price paid. Help you purchase the right amount and type of insurance.No matter how you choose to do it, the important thing is to take action. Or you can take advantage of technology and use a digital camera or smart phone or app to make your record. You can create a home inventory in a simple, low-tech manner by writing down everything in a notebook and keeping receipts in a folder. This PDF template can be printed and stored physically or electronically just in case you need to it file an insurance claim.This Household Inventory List Template has the product description, room or area, type of product, model number or serial number, purchase date, warranty status, and the unit price. The Missouri Department of Insurance urges homeowners and renters to make an accurate account of their possessions by filling out a home inventory checklist. Creating and updating an inventory of your personal possessions is one of the best ways to make the most of your homeowners or renters insurance, and makes filing a claim easier and more efficient.Ī home inventory is simply a list of your personal possessions along with their estimated financial value. ![]()
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