Do you need to maintain a home inventory for your home insurance? If so, Oliver Insurance, serving Canby, OR, can answer your questions and provide the necessary advice!
A home inventory is a comprehensive list of everything you own in your home. In it, you may record information such as when an item was purchased, its value, and its model number.
If you’re keeping a home inventory, here are some things you should know about this list.
1. A Home Inventory Can Simplify Disaster Recovery
A home inventory can simplify recovery after a disaster. Home inventories provide homeowners with a list of items they owned before they lost their home. If you lose your home in a covered disaster, the home inventory can help you recall what you used to own so that you can buy a comparable product.
2. Some Insurance Companies Require a Home Inventory
While many insurance companies do not require customers to keep a home inventory, some do. If your home insurance company has this requirement, your insurance agent will be able to provide you with more specifics about how to meet this requirement for your insurance.
3. There Are Many Ways to Keep a Home Inventory
It’s still a good idea even if you’re not required to keep a home inventory. You can keep a home inventory in many ways, including with a simple spreadsheet. Some apps can help. One easy way to record everything that’s in your home without writing a list is to make a video of your home.
At Oliver Insurance, serving Canby, OR, we can answer your questions about the home inventory process. Call today to find out more about home inventories and whether you’re required to have one.
