A home inventory can be extremely useful when it comes to making an insurance claim. Having complete documentation of all your valuables makes it easier to make an accurate claim if your property sustains damage or loss due to an event covered by your insurance policy. Making a home inventory enables you to keep better track of your goods and their value. Here are a few reasons why this information is to your advantage.

Ensures Proper Insurance Coverage

Through a home inventory, you gain a better perspective of the value of your personal goods. This makes it easier to select the insurance coverage to protect your interests. After reviewing your home inventory, your Advantage Insurance Network agent in Cincinnati, OH can provide you with insurance options suitable for your situation. Having adequate insurance coverage ensures your goods are well protected against any eventuality.

Facilitates Insurance Claims

A written or digital home inventory provides documented proof of ownership of personal goods covered under your insurance policy. If your goods suffer damage or loss, you can refer to your home inventory to make a claim. Your inventory should include a list of personal effects, date of purchase, receipts (if any), a detailed description of each item and photos of costly goods such as antiques, heirlooms, jewelry, etc. Having this information on hand can help you avoid delays in making a claim. It also serves to verify the value of the item you lost so you can receive its replacement cost under your insurance coverage.

A home inventory is a valuable tool that homeowners can use to their advantage. With a home inventory, there’s less chance of forgetting to claim valuable items lost or damaged in a flood, fire, or other catastrophes. For greater insight into making and maintaining a home inventory, contact Advantage Insurance Network, Cincinnati, OH.