Your home insurance is your resource for financial protection when a covered event occurs. However, using your home insurance policy to replace items that have been lost or damaged can be challenging, especially if you have difficulty remembering what is in your home. Creating a home inventory can help.

If you’re unfamiliar with the concept of a home inventory, this article will tell you what you need to know to start a home inventory. The professionals at Sound Choice Insurance Agency Inc., servicing Lynnwood, WA, can also answer your questions.

What Is a Home Inventory?

A home inventory is a document, spreadsheet, or record of everything you own. You decide what information should be included in your home inventory, but many people record the approximate date of purchase, serial or model numbers, purchase price, and descriptive information.

Who Needs a Home Inventory?

Some home insurance companies require their policyholders to have a home inventory. Even if your insurance company doesn’t require you to have this type of inventory, you can still benefit from one. Having a home inventory makes it easier to recall what you own, making filing a home insurance claim easier.

How Can I Make a Home Inventory?

You can make a home inventory by downloading an app to help with the process. There are many home inventory apps available for download online. You can also make a home inventory by creating a spreadsheet on your own.

Some people make their home inventory by filming a video while walking through their home. Sound Choice Insurance Agency Inc. professionals servicing Lynnwood, WA, can help. Contact us today to learn more about how a home inventory can help you.