Personal Property Inventory
An inventory of your personal property is one of the most important things you can do to prevent problems, in the event you need to file an insurance claim. This inventory is also useful when reviewing your policy for adequate coverage of your personal possessions. To help you get started reference the Household Inventory Form and Valuables & Collectibles Form, included with your PortaVault.
Key Points to remember when taking inventory:
- Be organized. Go room to room listing your possessions.
- Be creative. Photograph or video each room and its contents
- Be complete. Don’t forget to open closets, drawers and cabinets and document the existence of items, even if you cannot determine their purchase price.
- Be specific. Record serial numbers, brand names and model numbers if available.
- Be honest. Use receipts to record purchase price or use your best recollection of the cost if you no longer have the receipts.
- Be safe. Store the inventory and photos in the PortaVault and keep a copy in a safe place outside your home.
- Be current. Remember to update the inventory and photos at least once a year.
- Be proactive. Don’t wait for a disaster to strike before you determine what possessions you own and what they are worth.
* Electronic versions of these forms can be found under the Resource tab.
By Cornelius January 18, 2012 - 12:20 pm
Superb facts! I have been previously seeking something like this for quite a while now. Cheers!
By sherie January 18, 2012 - 7:18 pm
Glad we could help. A home inventory is very important to have – or at the least have pictures of what you own.