Do I need to do a home inventory?

Most people own more things than they realize. You assume that you will remember everything that you have but if something should happen to your home and you need to tell your insurance company what you lost,  would you be able to remember what was in every room, every closet, every drawer and even in the attic or the basement? The answer is probably not. Having a home inventory can help to make sure that you can replace all the things that were lost. In Pismo Beach, CA the friendly staff at Neff & Associates Insurance Services Inc can help you to understand the importance of a home inventory.

Creating a home inventory can be very time-consuming. A two-pronged approach is best. Take a detailed inventory of each room and then follow up with pictures. For higher-priced items, it is wise to have proof of purchase including the cost. For items like jewelry, an appraisal may be necessary to prove the value. How detailed the inventory needs to depend on the type of replacement coverage that you have. Don’t forget things like Christmas ornaments that may be stored in an attic or basement. 

Once you have created the inventory it is important to store it in a safe place. A safety deposit box is a good option if you have one. If not, at least be sure that it is in a fire and waterproof container. Storing it away from your home is the best option. 

When it comes time to put together your home inventory, why not stop by the office of Neff & Associates Insurance Services Inc or give them a call to discuss this important document. If you live in Pismo Beach CA or the vicinity, they will be happy to help.