Inventory Your Belongings Before a Disaster

Posted by on Sep 28, 2012

So it happened!  Your home was destroyed by fire and the last thing you want to deal with is your insurance claims adjuster and the debate over the loss of contents in your home.  Unfortunately, other than the obvious loss of furniture, appliances, and electronics how do you prove to your insurance company that you experienced a substantially greater loss of valuables (art, cash, heirlooms, and priceless worldly possessions) if you have no proof of their existence?  Good luck trying to convince your claims adjuster based on your solemn word!!

Although initially taking an inventory of all your possessions may be tedious and time consuming, it will prove invaluable in the unfortunate event that you and your family do experience a loss.  It is also important to maintain this inventory as you purchase and sell or dispose of these items. 

Don’t compound the emotional strife of loss due to a disastrous event!  To help you minimize potential problems with an insurance claim and maximize the settlement amount you deserve, we have put togethera step-by-step method of determining if you have items that will need to be appraised or not (original artwork, jewelry, etc.) and those things that merely need a picture and a receipt.  We also have a link to an online inventory data base that is FREE and you can store your inventory for FREE (that is such a nice word) in the clouds.

The completed inventory will also help you make sure you have the right amount of homeowner’s or renter’s insurance and help you file a claim.  This service is provided by the Insurance Institute who suggests that you make sure you inventory the little things too.  They can add up fast.