Having insurance coverage is crucial, but being adequately insured is equally important. This means knowing what you own, what you paid for it, and its current and equivalent replacement value.
We’ve created an interactive Home Inventory list to make it easier. By filling it out, you’ll have a better record of your possessions & their values. Also, consider keeping receipts and taking photos or videos of high-value items. Make sure to describe each item in the video. Store all records securely, perhaps with a relative or at work. With these steps taken, you’ll be more adequately insured & better prepared to formulate and substantiate future potential claims.