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#HOME INVENTORY SERVICE SERIAL#
#HOME INVENTORY SERVICE FULL#
#HOME INVENTORY SERVICE SOFTWARE#

These, along with the home improvement report ensure your assets are distributed according to your wishes. Important documents such as wills, life insurance policies, deeds, and stock certificates can be scanned into the inventory report, along with the location of the documents.Home Inventory in Estate and Financial PlanningĪ home inventory also acts as a valuable resource and supplement for wills, trusts, or other legal documents: He/she is available to allow you to ask any questions you may have concerning what will be provided.

Review a sample inventory portfolio so you can see what you will be receiving.

Any information pertaining to a renewal policy and the details about updating your inventory.

A detailed list defining what is to be inventoried and how the information will be delivered and secured.

A signed contract that guarantees your information will be kept confidential and secure.

Some things to make sure your inventory specialist offers when hiring one:

Credibility: Using an inventory specialist lends credibility.

Expense: Hiring an inventory service is affordable and is money well spent when damage, theft, or death occurs.

Faster when the professionals know the process and have a routine in place rather than spending time trying to learn the process yourself.

Time: The inventory can be taken and compiled within one week.

Video footage is also taken to support ownership of property.

Information: Complete and detailed information for each item-including photos and scans of receipts-is compiled to assist in claims or probate.

Security: Data from your inventory is encrypted and stored at a back-up facility – ensuring security should your copies be lost or destroyed.

Inventory specialists have the proper equipment and documenting know-how to make sure you get the most out of an inventory and provide you with: Therefore, you can save time and energy by hiring a reputable company to compile a home inventory for you. While you can create your own home inventory, it is often put off or partially completed since it requires a substantial investment in time. So how do you compile your home inventory? Hire an Inventory Specialist

#HOME INVENTORY SERVICE SOFTWARE#

It also requires the proper equipment (scanner, camcorder, and camera) and software to create a detailed and comprehensive inventory that will be accepted by the insurance company. Scans of receipts and important documents.Estimated or appraised replacement value.Include the following information on your home inventory report: The Information to Include on an Inventory Report Verify the value and condition of your assets before placing them in storage in case of loss, damage or theft.By documenting home improvement projects that add value to your home, you provide proof when it comes time to settling a claim. Actual cash value is a lower amount that consists of replacement cost less depreciation. Evaluate whether to insure your property and contents at “replacement cost” or “actual cash value.” Replacement cost is the amount it takes to replace or repair your home and possessions with materials of similar quality.

#HOME INVENTORY SERVICE FULL#

If needed, you can make a decision to purchase additional coverage to insure those items up to their full value.

Have the necessary amounts of insurance coverage for items that have limited coverage such as antiques, artwork, coins, jewelry, and silverware.

Home Inventory Benefitsīy completing a comprehensive home inventory you ensure you: Remember that documented proof of ownership to receive a settlement is the responsibility of the policyholder. In order to file an insurance claim for lost, damaged, stolen, or destroyed items, a detailed list of those items is required for a smooth and maximized reimbursement.

#HOME INVENTORY SERVICE SERIAL#

Why is a Home Inventory ImportantĬan you provide a detailed list of everything you own, when you purchased those items, the cost, make, model, and serial numbers? If not, a home inventory helps ensure you are sufficiently prepared to deal with potential losses and that your insurance covers you appropriately. This ultimately saves you a ton of hassle in that instance and is valuable for estate and financial planning. Not only will it give you a good chance to clean out some clutter but it is considered a key component to settling and documenting insurance claims in case of emergencies where loss is incurred. A home inventory is a comprehensive report detailing your personal property with descriptions and photos. Take time to do a home inventory of all of your personal property now, rather than later.