About 1 in 20 homes has an insurance claim each year due to damage, theft, or other covered risks according to the Insurance Information Institute.
If you have a home insurance claim, creating a home inventory becomes a powerful reference tool that can help expedite your claim and ensure you get the correct claim settlement amount. As a matter of fact, your insurer will require that you provide proof of ownership and will request receipts or a proof of purchase.
Making a home inventory is easier than you might think, but there are some important steps you don’t want to miss. Here’s what you need to know before building your home inventory.
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