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Inventory evidence of possession
In the event of an emergency like a fire or another are you able to identify all your possessions? An up-to-date inventory of your home will help you get your insurance claim processed faster and also verify your losses on your income tax return and help you purchase the right number of policies. Learn how to set up an inventory.

What is the evidence of possession inventory?


If you're just starting the family, beginning a home inventory is relatively easy. If you've been living in the same residence for a long time, however the process of creating an inventory can be daunting, but it doesn't have to be. Get started by clicking here.


Choose a place that is easy to begin. A contained area like your kitchen's small appliance cabinet, your sporting equipment closet or your handbag shelves--is a good place to begin.


Make a list of recent purchases. Another option is to start with recent purchases. It's a good idea to get into the habit of inventorying after which you can tackle the inventory of your proof of possession .


Include the essential information - In general, explain each item that you document, and make note of where it was purchased along with the brand and model that you purchased, the price and any other detail that might aid in the event you need to make a claim.


Consider the clothing you own by category - For example "5 pants", 3 pairs of sneakers ..." Keep track of any items that you think are important.


Serial numbers in records are typically located on the back or the bottom of major appliances and electronic equipment, serial numbers serve as an excellent source of information.


Check coverage on big ticket things - Art, jewelry as well as collectibles may be rising in value and will require special protection that is not covered by your standard homeowners insurance. While you're creating your inventory list of items for your home, contact your agent to confirm that you've got the right insurance to cover these items before there's a loss.


Be sure to keep track of off-site items. Your belongings in a self-storage facility are covered by your homeowners insurance, too. Make sure you include those items on your list of belongings.


Save evidence of value keep receipts from sales, purchase contracts, appraisals, and contracts on your list.


Don't become overwhelmed - After you've started your inventory, keep going , even if don't have the time to complete it right away. It's better to be able to keep an incomplete inventory rather as opposed to nothing even.





Home Inspection Checklist



A pencil and paper can be enough, but the latest technology can make creating an inventory at home much less difficult.




Photographs are a great way to create the photo album of your possessions. Photograph important personal items as well as entire rooms, closets or drawers. Label your photos by what's illustrated, the purchase location, it, the make or the model, etc. This information could be vital for obtaining reimbursement or replacement on the purchase. Make use of your smartphone or digital camera. Some will allow you to include the information about the item when saving the photo.


You can tape it by walking around your house or apartment videotaping and describing the contents. You could, for instance, detail the contents in a kitchen cabinetlike "Poppies on Blue by Lenox, service for 12 that includes a dinner plate, salad plate, bowl, cup and saucer. Purchased in 2015."


Make use of an app. There are plenty of mobile app options that can help you record and archive a room to room list of your belongings.




Keep your Inventory of Proof of Possessionsafely and securely stored




Your home inventory is only useful if it's accurate and you can access it for supplying information to the insurance provider in the case of damage from fire, theft, or other damaging disaster. No matter what method that you've used to construct your inventory, ensure it's backup and stored at a secure place.




Include significant new purchases on your shopping list. Make it a habit to note the item's description and receipts to your inventory while the details are fresh in your memory.


Maintain a copy paper inventory outside the home and save it along with receipts and appraisals--in a safe deposit box or at a friend's or relative's home. Keep at least one backup copy of your inventory file and put it away in a separate file. One easy method of creating duplicate copies digitally of your paper list is to take a picture of it on your smartphone.


Backup digital files and keep the backup file on an external drive or online storage account.



Take note of your app's details - Make certain that the information you input is backed up by the app developer and that you know how to access the information when you require it.

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