What do you think is one of the biggest mistakes that homeowners make? Not keeping a home inventory! You might say “I’ve never made a home inventory!” or “I don’t know anyone who has a list of all of their belongings!” Well, we are here to tell you that a lack of home inventory could cost you a large amount of money.
This might be hard to do, but picture a fire destroying your entire home. You call your insurance company to file a claim on your Hilton Head homeowners insurance and the adjustor asks you for your list of personal property in the home. If you haven’t made your home inventory list, you are going to have a difficult time reconstructing from memory a list of every single item that you own. This, in turn, means that you will not receive reimbursement for everything to which you are entitled. A home inventory list could also speed up the process of your claim and get you back on your feet quicker.
At Beacon Insurance Group, we highly suggest that our clients create a home inventory. Use a smartphone to take pictures or videos and email them to yourself and someone else so that they can be kept “on file.” There are also several applications that you can add that will help you create the home inventory and keep it organized for you. We have used “Know Your Stuff” from the Insurance Information Institute and you can organize items by room, add photos, add price of the items and insert seriel/model numbers. With this app, you also get free online storage so you can access your inventory anywhere, anytime.
A home inventory is your only backup in a time of loss, so prepare yourself now so you don’t have to deal with the hardships later.