Whether you’re a homeowner or renter, you probably have valuable goods that need insurance protection. A home inventory will provide you with an accurate account of all your assets and their value to help you select the home insurance coverage you need. At All Counties Insurance Agency & Traffic School in Palm Coast, FL, we recommend that all Flagler County homeowners and renters create a home inventory of their possessions for insurance purposes. Here’s how a home inventory can benefit you.
Proof of Ownership & Property Value
A home inventory that lists all the items you own and documents their value can be used as proof of ownership when making a claim. If you were to lose all your possessions in a major disaster, your home inventory would make it easier to recuperate your losses per your insurance coverage.
Accuracy in Insurance Protection
A home inventory will help you obtain proper insurance protection for your goods. Standard home insurance offers protection for personal property along with dwelling and liability coverage. The amount of property coverage you choose depends on the value of your goods. Having a complete list of your goods enables you to choose accurate coverage to meet your needs.
Facilitate Claims Process
Documenting your personal goods will make it much easier to make a claim when you need it. Your home inventory should include a description, photos, or videos of your goods, particularly high-end items. If these items are stolen, damaged, or lost in a covered peril, you’ll have the information you need on hand to expedite your claim. By maintaining an up-to-date home inventory, you can be prepared for any eventuality.
For help in making a home inventory or to learn more about home insurance coverage and costs, call or visit All Counties Insurance Agency & Traffic School in Palm Coast, FL.