October 22, 2018
Insurance: It’s the one thing that every homeowner has and hopes they never need. To make sure you’re always prepared, experts recommend that you keep a complete home inventory on hand.
State Farm says that a home inventory can help expedite an insurance claim after theft, damage, or loss. It not only helps in the settlement of a loss or claim, but may also help verify tax-deductible property losses.
Most insurance companies provide some handy online home inventory checklists. But the fastest, easiest way is to create a video walkthrough of your home. Document everything with your smartphone. Then upload the video to a secure account on the cloud. Supplement your video with clear, detailed documentation. Take photos of receipts, credit card statements, appraisals, and other documents, and upload these to your secure account as well.