You might have considered compiling a home inventory if you have homeowner insurance. A home inventory helps homeowners catalog their belongings, making it easier to file a claim with your insurance company. If you have home insurance through IAL Insurance, servicing Indianapolis, IN, and have questions about creating a home inventory, we’re ready to assist you!

What Is a Home Inventory?

A home inventory is an updated catalog of your possessions. Many homeowners categorize their home inventory by room or product type (electronics, housewares, etc.) for ease of record-keeping.

How Does a Home Inventory Help You?

If you lose items due to a covered event, the home inventory will help you recall the items you previously owned. This inventory can play a crucial role during the claim filing process with your home insurance company.

Is a Home Inventory Required?

Though not mandatory for many home insurance companies, maintaining such a list proves useful in case your home gets destroyed in a disaster. This list can help you determine what was lost. If your home insurance requires an inventory, it will be mentioned in your home insurance policy.

How Can I Make a Home Inventory?

There are dedicated apps designed to simplify the home inventory process. Alternatively, simple spreadsheet software can also serve the purpose.

How Often Should I Update My Home Inventory?

Keep your home inventory updated by noting any major purchases immediately or conducting an annual review. To learn more about home inventories, don’t hesitate to contact IAL Insurance servicing Indianapolis, IN. We’re readily available to answer your queries!