Why should I create a home inventory for insurance purposes? It is always better to be safe than sorry. Make a home inventory check list to insure your assets. You should create a home inventory because...
You should create a home inventory because you cannot possibly remember everything that you have in your home. And if it is gone and you forgot it about anyway, how are you going to remember you had it? A home inventory is just a good idea because you can't possibly remember everything. So it is a good idea to write that stuff down and keep it somewhere safe, preferably away from the premises. It's a good idea to make two copies --one that you keep in the home and one that you keep in a file at work. Because if the house burns down, you'll want to have a copy.
There are a couple of ways that you can create a home inventory. You can go through with a pen and paper and write down serial numbers and make a list of what you have. You can also keep receipts for purchases. That is another way to do it. A simpler way to do a home inventory, though, is to just simply go from room to room with a video camera and just have a videotape of everything. Try to get serial numbers and model numbers where you can, too. Another way to do it is to take Polaroids. Polaroids or digital photographs are a great way to supplement a written inventory.
Your insurance agent can also help you with a home inventory. They can provide you with home inventory forms and checklists. I believe that you can download those forms on www.statefarm.com as well.
