No one likes to contemplate the loss of personal belongings inside their home in Dallas, TX, due to theft, fire, or a natural disaster. However, compiling an inventory of your personal belongings before a disastrous event occurs can simplify things in the aftermath. Alloy Insurance Partners can assist you with recommendations on what items your inventory should include to help with insurance claims.

Documenting Your Belongings

Before creating your inventory, make a checklist of what details it should include. Your inventory should have the following:

• Photos or videos of items
• Original price of each item
• Receipts, if you have them
• Purchase year
• Serial numbers of appliances and electronic devices

For your clothes, compile a list of what you own by type, such as dresses, skirts, pants, hats, shoes, etc. Use an app or software program to organize your inventory. This move will allow you to access and refer to its contents when necessary easily. If you don’t store the information electronically, place it in a safe deposit box or with a trusted friend or family member. Remember to update the list when you make a significant purchase.

Going Beyond Insurance Claims

Creating an inventory of your belongings can help you determine the amount of insurance you should purchase to cover their replacement in the event of a loss adequately. Of course, if a loss occurs, the inventory will make filing your claims easier because you won’t have to guess item values when you are under stress. Your list will also be helpful when determining losses for tax purposes or applying for financial assistance.

Let the agents at Alloy Insurance Partners, serving Dallas, TX, give you tips on inventorying your belongings. Contact our office today to schedule a home insurance policy appointment.