This is not a DIY project for property owners. Be proactive now to minimize the hardship and financial loss usually associated with water, fire, smoke, asbestos, lead, hazardous environments, and wildfire related events. The cost to protect your investment is minimal compared to what you stand to lose if you DIY. A properly documented contents inventory list may be your most valuable asset. But without a home inventory for insurance, you’re at a big disadvantage, and financial risk. DIY apps and checklists are unreliable and don’t fit your specific needs. If you suffered a catastrophic loss, would you be able to remember everything you had? When faced with a major loss, you’re under unimaginable stress and left relying on your memory to document countless items. Without this proof, an inadequate settlement could cost you hundreds of thousands of dollars. To deliver replacement cost, insurers require proof of possession, quality, and condition of your property. Replacement insurance promises to replace your lost belongings. Precision Environmental covers short, and long-term goals for property owners who need home inventory service after a partial or total loss.
Wildfires in California prove more than ever just how important it is to obtain a complete home or business inventory list for insurance. “We want to make sure all of our workforce – including our independent partners – are ready if Mother Nature decides to call.You’ve invested a great deal of time and energy turning your house into a home. “It’s a never-ending process of teaching, training and testing,” said Craig Sakraida, Director of Catastrophe Operations. On-site stress tests are held to ensure critical functions will work correctly in an actual catastrophe. In addition to conducting off-site adjuster training, Citizens annually identifies internal business unit-specific catastrophe response functions that require testing. Participants are evaluated to help assign roles and determine which scenarios qualify for a CAT response, perhaps the most intensive service the company provides. Your inventory also can help you perform your annual insurance policy review by helping you and your agent more easily determine the value of your personal property and evaluate whether your policy coverages are adequate.ĬAT Training Vital Before Disaster StrikesĪn effective catastrophe (CAT) response depends on an educated workforce, and many of those workforce members for Citizens are the independent adjusters who must know our latest systems, processes, policies and emergency-specific responses.Ĭitizens conducts year-round preparedness training and disaster exercises for staff and independent adjusters.
#Home inventory service update#
Once you have completed your home inventory, set a calendar reminder to update it quarterly or whenever you make a major purchase, such as a new TV or refrigerator. Consider storing electronic copies of these documents on an external storage device (portable hard drive or thumb drive) or cloud service so you have one go-to location following a loss. You also may want to keep a copy with your other important financial information (home insurance policy, mortgage documents, bank information, etc.). Store a copy of your inventory in a safe place outside of your home (in the “cloud,” in a safe deposit box, etc.). If you have receipts for the items, keep copies with your inventory documentation.
#Home inventory service serial number#
Whatever method you choose, go room by room, taking note of each item’s value, serial number (if applicable), unique design details and date of purchase. These resources may provide useful checklists to ensure you do not miss anything and may even allow you to store a copy of your information in the digital “cloud” so you can access the information even if your computer or phone is lost or damaged.
Online inventory templates or smartphone apps are available to document your belongings. A complete inventory can help you identify items that may be difficult to document after damage, especially smaller items, and can serve as a starting place when you report a claim.Ĭomplete a video inventory by walking through your home or apartment and narrating the items in each room.Ĭreate a photo inventory by taking photographs of your items, including serial numbers, and creating an album of your home’s contents. A home inventory can help you ensure that you have adequate insurance in the event of catastrophe and can help you verify your losses.Ī home inventory is a complete record of your belongings, including their purchase date and approximate value.
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