Switch Your Account to Bath State Bank

How to Create a Home Inventory

A home inventory can be as simple as a written list of all your possessions or a visual record for each item, but an effective home inventory should include both for added security. There are digital tools to help simplify the process of maintaining the list. But, your first step is to decide on what type of inventory would be easiest for you to create.

A written inventory: A comprehensive home inventory list catalogs your belongings and should include the item description (make, model and serial number, if applicable), value and purchase date. You can create your own list using a spreadsheet or fill out a home inventory checklist that's ready to go.

A digital inventory: If you have an iPhone or Android phone, there are apps that can be downloaded to your phone, some of which are free. These mobile apps allow you to record a photograph of the item along with the description, value and purchase date.

A visual record: A visual record of your possessions shows proof of ownership. This can be accomplished with a video walk-through of your home or through a series of photographs.

Whichever inventory method you choose, it's important to keep a copy in a fireproof safe, safety deposit box at the Bank or digitally in the cloud. You may even email your inventory to your insurance agent to keep on file. Sending the list has the added value of allowing your inventory to be examined by your agent to see if you need extra home or renters’ coverage or to add a Personal Articles Insurance policy as well.

Doing advanced planning could potentially expedite your claim in the event of an incident.