Although natural disasters do not happen every day, it is still important for homeowners to prepare for potential damage.  Preparation for such an event often neglects to include the important task of taking an inventory of the possessions in a home.  An interesting article on InsuranceNetworking.com quotes Kevin McCarty of the National Association of Insurance Commissioners (NAIC) stating, “Violent weather events affected approximately 80 percent of the nation’s population over the past six years.  These storms have left widespread destruction in their wake”.

Click here to read the entire article.

Try to remind your clients to include a list of all items in their homes worth value, update photos of posessions and save receipts for substantial purchases.  Also, they should keep a back-up copy of their inventory outside of the home.  It is suggested to update inventories once a year to be sure new purchases are included.  If you are pressed for time or feel as though writing down each item is too much of a hassle, you can simply take a video inventory.  You can quickly video each room, opening drawers and closets to get a view of what they contain.  Be sure to mention important items.  You can store this version of the inventory in your email account which is accessible anywhere internet connection is available, ensuring you’ll never lose it!

Keeping an inventory, whether it is a hard copy or video list can be beneficial to both individuals and businesses.  Don’t waste any time, create your home or office inventory today!

Visit the NAIC.org website to download a sample Inventory Checklist.

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