Protect Your Belongings with a Home Inventory
Why You Need to Keep a Home Inventory
As a homeowner, you do your best to keep your property safe and free from harm. While you may be on top of home maintenance, do you know how much your belongings are worth? If you’ve never taken time to add up the value of your possessions, you may be surprised to find that it could cost tens of thousands of dollars to replace them if they were damaged, stolen, or destroyed. Personal property coverage in your home insurance in Thousand Oaks, CA helps compensate you for the loss of your belongings due to a covered event.
The most efficient way of calculating your actual coverage needs is by taking inventory of your home. As an added bonus, you can also use your inventory to state your losses after a theft, fire, or another covered event when you might otherwise find it difficult to recall everything you owned.
To start, list everything you own, from the rugs to the décor to your electronics, cookware, and clothes. Move room by room and write down information about the item (including any serial numbers if necessary), and take pictures and videos if you can. It is best to store this information digitally and email a copy to yourself so that you have a backup, should any damage occur to your home.
Remember to update your inventory as you acquire new items and donate unused belongings. Be aware that if you have items of high value, you may need to purchase a separate rider to ensure they are protected. Your insurance agent can help you safeguard these items so that they are not vulnerable to damage.
Do you have yet to secure the right home insurance policy? Visit the professionals at Falsken & Associates Insurance Agency to get started!