How to Create Your Home Inventory

Maintaining a home inventory is an important part of keeping your homeowners or renters insurance updated — and ensuring you have sufficient coverage.

It can be difficult if you wait until something happens to your home to try and remember what you own and its value. Instead, it may be a good idea to create a home inventory that could make the claims process easier if disaster strikes.

Find out more about why a home inventory is important and how to make your own:

What is a home inventory?
A home inventory is a list of your possessions and their estimated or appraised value. You may also want to include photos and receipts.

Having a home inventory will make the process of filing a home insurance claim easier in the event of an emergency, like a covered natural disaster or theft. You can refer to your list instead of trying to remember each item in your house when you’re already in a stressful situation.

How do you create a home inventory?
Prevent yourself from being overwhelmed by breaking it down by room and category. For example, you could start in the living room with categories like furniture, art and electronics. Cover high-cost items first, as these will be your top priorities to replace. You can estimate the worth of items you own or have certain valuables professionally appraised. As you make purchases, save receipts to record the value of new big-ticket items.

You can use an app or spreadsheet to keep your inventory organized. Record the serial numbers of electronics and appliances, and consider taking pictures for further documentation.

How often should you update your inventory?
Find a safe place to keep your home inventory, and update it quarterly, annually, twice a year or when you make a new large purchase — whatever works for your schedule. Put it on your calendar or set a reminder so you don’t forget.

Creating a home inventory can also make you wonder if you have the right home insurance coverage. Reach out if you have questions about your policy.