The Benefits of Having a Home Inventory for Winter Insurance Claims
Taking an inventory of everything in your home may feel like an arduous task, but if you end up needing to make a claim due to an event like storm damage, flooding, or theft, you’ll be thankful you took the time. When winter rolls around, so do the chances of home insurance claims like fires and theft. Read on to learn about the benefits of having a home inventory.
What is a home inventory and why is it essential?
A home inventory is a detailed guide to the items in your home, along with an estimated value for each item. The purpose of this inventory is to keep you protected in the event of property loss or damage.
How do I create a comprehensive home inventory?
The first step you should take when creating a home inventory is coming up with categories to sort items into. Categories like heirlooms, clothing, accessories, electronics, decorations and books would be a great place to start. Then, list each item under its category, creating more categories as you find items that don’t quite fit.
There are plenty of apps you can use, from Google Sheets to dedicated inventory apps. Having an electronic inventory will also make it easier when it’s time to make updates.
Benefits of having a home inventory for winter insurance claims
When you need to make an insurance claim, whether it’s due to property damage or theft, having an inventory you can send to your insurance company will save you a lot of time. It will also expedite the claims process since there will be much less back-and-forth.
Additional advantages of maintaining a home inventory
A home inventory can also help with things like keeping track of what you have so you don’t buy duplicate items and claiming items on your taxes where appropriate. If you’re getting older or have children, keeping an inventory of items can also help when it’s time to do estate planning.
Having a home inventory can help you in many ways, whether you’re struck by a winter storm or need it to plan for the future. It’s an essential step to take to save time if you need to make an insurance claim involving your property. Find home insurance coverage options from over 50 top-rated carriers in less than 5 minutes today, and be sure with Nsure.