What is a home inventory and why do I need one?
A home inventory is simply a detailed list of the stuff you own and should be a big part of your theft or disaster recovery plan. Your up-to-date inventory will help you purchase the correct amount of home owner insurance protection, get your insurance claim settled faster if you suffer property loss or damage and verify losses for your tax returns. Also, it would be better if you consult professionals or check money management websites like lovemoney.com to know more about these financial matters. This is to ensure that you will be able to utilize your home owner insurance protection. How do I start making my home inventory? Cataloging all the stuff you own can be a daunting challenge so start with the big ticket items like appliances, computers, home electronics, jewelry, furniture and power tools. Gradually work to the less expensive items like books, linens and clothing. For each item, give a brief description, date purchased, make, model, serial number (if appropriate) and replace
