Protect Your Home: Build a Foolproof Inventory for Insurance Claims
Disasters can strike unexpectedly, and knowing what you own can simplify recovery. After experiencing a small house fire and learning from a friend who lost everything to a fire, I’ve outlined key steps to create a home inventory for insurance claims. You certainly can’t be prepared for every possible type of disaster that could fall on your home but knowing what you have, its value, and how to find it is will make your recovery much easier.
Build a Cloud-Based Inventory Spreadsheet
Create a spreadsheet stored securely in the cloud.
Use separate tabs for each room (e.g., living room, kitchen, garage, attic).
List items systematically: start from top (e.g., artwork, lighting) to bottom (e.g., furniture, rugs), moving left to right.
Consult Your Insurance Provider
Ask what proof is required for claims (e.g., photos, receipts, appraisals).
Clarify how they assess replacement value for items like clothing, jewelry, art, or furniture.
Document High-Value Items
Record details for expensive items like artwork, jewelry, rugs, appliances, or equipment in garages, basements, or attics.
Don’t forget work related items like a laptop, recording equipment, studio supplies.
Include proof of ownership, such as appraisals or receipts.
Digitize Important Records
Scan and save to the cloud:
Receipts (paper and email) for major purchases.
Appraisals for high-value items.
Legal documents (e.g., birth/marriage certificates, driver’s license, passport, will).
Capture Visual Evidence
Take clear photos of key items, including close-ups (e.g., china patterns, rug designs, artwork details).
Record slow videos of each room, closet, drawer, garage, attic, and basement to capture smaller items and quantities (e.g., books, clothing).
Why It Matters A home inventory ensures you can quickly and accurately file insurance claims, minimizing stress during recovery. While not exhaustive, these steps provide a practical starting point. Consider exploring home inventory apps for additional support, though I haven’t tested specific products to recommend.
I’d love to hear if you have any additional tips and suggestions. Please leave a comment or send me an email.