If you own a home, it’s to your advantage to create a home inventory of your belongings. A home inventory is a list of all the items you own along with a brief description of each, photos of high-end goods, and receipts verifying their value. In the event of theft or loss, you’ll have an accurate record of your goods to make it easier to file a claim. At All Counties Insurance Agency & Traffic School, we recommend that all our Palm Coast, FL customers have an up-to-date home inventory. Here’s what a home inventory can do for you:
Helps You Purchase Accurate Insurance Coverage
Having an updated list of all your possessions will enable you to purchase accurate property insurance to protect your valuables. It also ensures you don’t forget important items that may be stored out of sight. The right insurance coverage will make it easier for you to recuperate your losses in the event of a disaster.
Facilitates Claims Process
A home inventory can facilitate the claims process. In the event of a disaster, you can refer to your inventory for an accurate account of what was lost. This can be extremely difficult, if not impossible, to do by memory alone. A home inventory can act as proof of ownership to your insurance agent to ensure you’re fully compensated for your loss. It also helps speed up the claims process.
Substantiates Financial Losses
A well-documented home inventory can be used to help substantiate your loss after a major disaster. It can be extremely useful if you need to apply for financial assistance after a catastrophe or if you want to get a break on your taxes.
To learn more about home inventories or to purchase quality home insurance for your Palm Coast, FL home, contact All Counties Insurance Agency & Traffic School.