In Part 1, we looked at the basic components that you should use to assemble a comprehensive home inventory. The main purpose of such a list is to provide the necessary documentation, should you need to file a claim against your Homeowners or Renters Insurance Policy.
In the case of a fire, many items may be damaged and need to be replaced. If you’re the victim of theft, there may be only a few items stolen; either way, you need to be able to give your insurance company details about the items lost or damaged. A full home inventory equips you to do just that. [Read more…]