When filing a claim for destroyed or stolen items, pre-recorded documentation will make a claim easier and more credible. Be sure that all your items are covered under your current policy. You might be surprised at the list of exceptions that some insurance companies have listed. However, most insurance companies do suggest a documented record of your belongings. The format is not the same across the various insurance companies but the expectation is!
Take the time to compile an inventory of your home now, and it will save you precious time and frustration later. Benefits of having a personal inventory include:
1. Helps to ensure you have the coverage you need.
2. In the event of a loss, it makes it easier for you to file a complete and prompt claim, supported by accurate documentation.
3. Helps determine the replacement cost of your lost or damaged possessions to settle your claim quickly.