Creating an insurance-ready inventory
Insurers need clear lists, photos, and proof of ownership to validate claims. A well-prepared inventory speeds processing and increases the chance of full reimbursement.
What to include:
- Item name, category, and location
- Photos showing condition and identifying marks
- Purchase receipts and serial/model numbers
- Estimated replacement cost and purchase date
Presentation tips:
- Export a clean, printable report or PDF to submit
- Group items by room or category for clarity
- Highlight high-value items and include appraisals where required
Policy considerations:
- Know whether your policy pays replacement cost or actual cash value
- Schedule high-value or unique items if they exceed policy limits
- Keep an eye on aggregate limits and special sub-limits for categories like jewelry
Practical steps:
- Back up the inventory and share a copy with an emergency contact
- Update the inventory after purchases or major disposals
A concise, well-documented inventory reduces friction at claim time and gives insurers the verification they typically request.