A household inventory list is like a report or documentation which consists of detailed information and photos of your personal belongings present in your household. It will be a key document when making an insurance claim or any other financial planning. If you are relocating to other place and if you choose some cheap removal companies for shifting of your belongings, then the list would come handy to know whether all belongings are safe.
An inventory list is very important to know the value of all your property in case of any damage or serious loss. Insurance companies will always ask for a detailed report of all items that are destroyed or damaged or stolen in order to claim your insurance. This will help them determine the value of your overall loss. Also make sure that you have all the necessary receipts, bills and invoices of your items that indicates your ownership of the particular items.
How to Make a Household Inventory List?
To make household inventory list, most important thing to know is – how many items your home holds. Take deep glance of your home, of every room and take count of all small to big stuff in your home when making the inventory. Some insurance companies provide list of such items – you can check if your insurance company offers it or not.
Take enough time to visit each room, and make a list of all valuable and expensive items. Try to include some specific things such as serial number, model number, manufacturer etc., so that it may help you to replace those items in case of damage or loss. Also, make sure that you have all receipts or invoice and documents of all your items having the date of purchase mentioned on it. It helps define the real value of belongings in case of any damage or loss. You can also click pictures or video of your belongings in order to have evidence of your possession.
Alternatively, you can also hire a specialist to help you have a clear household inventory list. It has its own benefits – it gives credibility to the list, it is made by an expert and it saves your time as well when moving with a cheap removal company. Most of the work is carried out by specialist along with handling the listing work with professional expertise.
Benefits of Having a Household Inventory List:
- Inventory list comes in handy in case of any loss due to fire, flood or robbery. It helps you and the insurer to have a clear idea of all belongings and their value.
- Make a list of all valuable items such as jewelry, antiques or artworks, and gadgets so that you can decide on items which need insurance in case of loss or damage.
- With the inventory list, it would be easier for an insurer to calculate the loss value and compute the monetary refund of your loss.
It would be easier for an insurance provider to process your insurance claim if you have an inventory list with you. Having an inventory list will not suffice the whole purpose, you need to keep it updated regularly. So, when you are relocating, you can rest assured of your belongings with a clear and updated inventory list.