Why You Need to Document What Your Own

Why You Need to Document What Your Own

If you want to undertake a seemingly impossible task, consider listing everything you own. Sure, the bigger stuff may be easy. Your car, your house, your wide screen television, for example. But when you start thinking about what’s in your closets, drawers, garage and kitchen, you can quickly realize how massive that task can be. It can be beneficial, however, especially if you are ever faced with a massive claim on your homeowners’ insurance policy.

Imagine a large fire, flood or tornado that destroys most everything you have. Where would you start in listing your losses?

The good news is that when it comes to insurance, documenting doesn’t necessarily mean listing every item you own and having purchase receipts. While that certainly would facilitate the process, a video or still images of your home and belongings can go a long way in accomplishing several important issues. First, it will certainly serve as a reminder of most of the things you own. It will also at least serve as some documentation when filing your claim.

Ideally, it is a good idea to keep an inventory of your larger purchases, when you bought them and what you paid for them. But documenting every small appliance, clothing or knick knack purchase would be an unfair burden. The key is the better your efforts now, the easy an extensive claim process may be in the future.

It is also just as important to make sure your coverage limits are sufficient. If you have a large personal collection of art, jewelry or antiques, you may want to have a discussion with your independent insurance agent to determine if you should acquire additional coverage. It is one of the reasons a home insurance review is so valuable.

Many people have maintained the same homeowners’ insurance policy with the same coverage for years and perhaps even decades. Things change, however, and housing values may rise and fall. You owe it to yourself to keep your policy updated.

We invite you to contact us for a no-obligation homeowners insurance review. If you like, we can get quotes from multiple companies so you can determine the best coverage at a price that works for you. If you want to make sure you are prepared for a large claim, make sure you have at least some inventory basics down pat and your homeowners insurance is sufficient. Contact us for assistance.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about our blog writer?

Read more about KayLynn's background.

Click Here

Search All Blogs

Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Flappers, Flights & Fizzy Fridays: The Roaring Twenties You Never Knew

Dive into the 1920s beyond the speakeasies! Explore the decade’s social shifts, technological marvels, and surprising connections to modern times.

Bundle Up and Save! The Ins and Outs of Business Insurance

Unsure about business insurance? Don’t be! Learn how bundling different coverages protects your company and puts money back in your pocket.

Life Insurance Myths Busted: Unveiling the Simple Truths Behind Financial Security

Considering life insurance but confused by the myths? We clear the air on common misconceptions and show you how to get simple, affordable coverage.

Buckle Up for Savings: How Car Safety Ratings Save You Money

Crash Test Your Cash Flow: How Car Safety Ratings Impact Insurance Rates

Pool Paradise or Premium Pain? The Splashing Truth About Pool Insurance

Dive into Savings: How Pools Affect Homeowners Insurance (and How to Stay Afloat)

Lights, Camera, Action! Exploring the Real-World Locations of Your Favorite Films

Exploring the Real-World Locations of Your Favorite Films

From PJs to Productivity: Mastering the Work-From-Home Hustle

Ditch the Commute, Keep the Cash: Working From Home Hacks for Peak Performance

The Farewell Financial: Planning a Peaceful Goodbye

Beyond Goodbyes: A Guide to Navigating Funeral Costs and Life Insurance

From Death Traps to Death Beaters: How Cars Became Surprisingly Safe

Buckle Up and Breathe Easy: Unveiling the Hidden Heroes of Car Safety

Cracking the Condo Code: Your Guide to Condo Insurance

Condo Confusion Conquered! A Guide to Condo Insurance Coverage