A home inventory is a great way to make sure you can submit accurate claims should you have a disaster. It also helps test the limits of your insurance policy and ensure that they are adequate for the value of your home’s contents.
The worksheet linked at the bottom of this post is a one-page inventory that you can fill out to make the home inventory process easier.
Using the Worksheet
When completing this worksheet, the goal is to list every object in each room of your home. Next, give a description of the object including any damage that it’s had over the years. Then, make note of any relevant serial numbers. Finally, record the original purchase date and cost, as well as an estimate of its current fair market value. If your insurance policy reimburses based on replacement value rather than actual value, you might instead consider recording the price of a replacement. Keep this inventory in a safe spot outside of your home. You can also store pictures of your contents and receipts with it.