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Inventory Tips for Homeowners and Renters

Commissioner Jones offers the following tips for home inventory keeping:

A home inventory should be completed to keep track of your belongings and valuable items. A home inventory guide is available to all consumers through the Department of Insurance Home Inventory Guide.

Photographs of household goods are especially helpful when an item is hard to describe on paper, or if a purchase receipt cannot be obtained. Each photograph should be labeled with date stamps and any additional pertinent information. If a video recorder is used, commentary about each item should be included.  

A copy of the inventory and supporting documentation, such as receipts and model numbers, should be stored in a safe place, such as a safe-deposit box, work office, or a relative's house. These records should also include financial documents such as insurance policies and mortgage information.

Home inventories should be updated at least once per year, and your insurance company should be notified of new purchases so that you are adequately insured for the entire amount of your belongings.

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