How to Create your Home Inventory
Admit it, in the case of a fire or unwanted disaster if your household items get damaged, there are possibilities that you may not be able to recall all your household items with its prices. It could cost you heavy monetary damage. But if you have been more considerate towards your household items, and have created your home inventory, you can claim your damaged or deceased items from the insurance company. “But isn’t it a boring task to list all the items, categorize it and then tag it with prices?”- you may ask? Well, the answer is: it’s not boring if you have the right tools to create your home inventory. In fact, the right tool can aid you in claiming your valuable items in case of any emergency. Also, don’t worry if you don’t have a complete inventory because it is better to have something than nothing. In this article, we are going to learn how to build a home inventory. Without further ado, let’s get started. Steps to Create a Home Inventory Step 1: Start with the easy spots of your house You don’t want to get discouraged at the starting of your inventory creation process, so start with a small section of your house. You can start with your kitchen cabinet or sports equipment closet rather than directly jumping onto the garage items or any other section of your house which is piled with clutter. Step 2: Don’t Forget about Off-site Items Insurance companies also count your off-site items into consideration in the case of any casualty. So, make sure that you also include the items you have put into the self-storage facility. Step 3: Explain Basic Information of Every item It is possible that when you are claiming your item and you find out that you hadn’t mentioned the price of a particular item while creating inventory. And because of that, you may not be able to claim the actual money. So, you might want to list your items with basic details like purchase date, price, make and model, and serial number. Step 4: List the Latest Purchases first: While making your home inventory, you may want to add recent purchases into the list first. Because figuring out about your old possessions might take some time and it may frustrate you. So, be done with the latest stuff and secure it in your list. Step 5: Make General Categories of Clothing Listing your clothes to the inventory list might be tedious. So, divide them into categories like jeans, shirts, belts, watches, etc. Add particular items to the category labeling “6 pairs of shoes”, “ 3 watches”, “9 shirts” and so on. Step 6: Keep Proof of Value Keep track of your sales receipt, purchase contracts, and appraisals with your home inventory list. Leverage Technology to Your Advantage A simple paper and pen would be enough but if you have technology on your side, the whole procedure becomes less clumsy. Take Photo: Lists are good, but for backup, it would be advisable you use a mobile phone camera or digital camera to capture the item. You can add a description to the particular item. Take snaps of the whole room, the spot your items reside, the particular item, closet, kitchen cabinet, anything, and describe it. Tape it: Apart from the photos, you can also walk across the locations of the items and shoot a video describing each item briefly. This could work as a backup in the case of your pen-paper made inventory has flaws. Use mobile apps: Today there are lots of home inventory mobile apps are out there in the app store and play store. And they are really handy. These apps for home inventory management let you take photos; add prices, serial numbers, and descriptions; and describe the item. Also, you can store your inventory in the cloud. So, you have access to your inventory when and where you want. Some Important Things You Should Keep in Mind after Creating Your Inventory In the case of fire, theft, or other disasters, you want your inventory safe and accessible. So keep these tips in mind once you make your home inventory. -As mentioned earlier, use a mobile app for backup. Keep a copy of your inventory on the cloud or external storage device. -Know your app better so you can retrieve your data when you need it. -Keep a copy of your home inventory at your friend’s house or relative. You can also use a safe deposit box. -Always update your inventory whenever you buy a new thing in the house. All in all, having a clear-cut home inventory saves you in hard times. I hope this guide might help you understand the home inventory creation process.