Creating and maintaining an inventory of your possessions can be a task, but an accurate inventory can be incredibly beneficial in the event of a fire or other loss. Like other aspects of life, the most effective inventory of your condo comes from developing a plan and completing it in manageable steps. If you need home or other insurance, contact Wichalonis Insurance Agency, serving Cumming, GA.
Creating Your Home Inventory
People with a current condo inventory receive faster, more accurate insurance settlements following a loss. Detailed documentation eliminates guesswork and allows you to recover the full value of your loss.
You can create a condo inventory using a spreadsheet, and there are apps to integrate videos, photos, and receipts. Whichever tools you use, you should store your inventory and back it up at a location other than your condo to ensure it is not also lost when damage occurs.
Key steps to consider when creating and managing a condo inventory include:
Create a Plan
You can organize and record videos of your possessions on a room-by-room basis. Then, use the same room-by-room structure to organize your receipts, images, and other documentation.
Big-Ticket Items First
Inventory your most valuable items first. To make the process easier, group lower-value items, such as "12 dinner plates" or "3 pairs of shoes."
Regular Updates
When you make a new purchase over a set dollar amount, add it to the inventory. Then, update your video and inventory at least annually.
The Wichalonis Insurance Agency Difference
Maintaining an inventory of your possessions takes discipline but is highly valuable. Our Wichalonis Insurance Agency team, serving Cumming, GA, will work with you on a condo insurance plan that suits your needs. Call us at (678) 947-4533 or stop by to make an appointment.