Quiz Yourself-Do You Really Know What You Have?
Are You Prepared With the Documentation You Would Need? Go into your Bedroom and list on a sheet of paper the following things about your Living Room. Do this from memory, without looking, because if you have a fire, theft or catastrophic loss you would need to complete an insurance claim from memory unless you have your home inventory safely stored away...
List All Items, Give a Description of each item including make, model or serial numbers (if it applies). List the Item's Value and Do you have a recent photo or video of the item?
Why Have an Inventory Done?
*Prepared in the event of Fire, Burglary or Severe Storm
*Proper Insurance Coverage
*Estate Planning/Writing Your Will
*Insurance Claims
*Recovering Stolen Property/Burden of Proof
*Filing for Bankruptcy
*Divorce Settlement
Who Should Have an Inventory?
*Homeowners
*Small Business Owners
*Collectors
*Country Clubs
*Landlords
*Renters
*Vacation Rental Owners