Creating a Home Inventory

June 23, 2019

Can you sit down right now and make a list of everything in your home and how much it’s worth? Probably not. Disasters like fire, severe weather and burglaries are never planned. When they happen, having an accurate account of your belongings and their value can greatly help the claims process along so you can get back on your feet faster. It can also help you verify your loss on your income tax return and it can help you select the correct amount of insurance coverage that fits your needs.

Creating a home inventory can be overwhelming. But these simple steps can help get you set up.


Don’t put it off

There’s no time like the present. And you will be thankful to have a home inventory when you’re done.

  • Start with the easy stuff. Do you have a spot that contains all your important documents? Start there. Then work your way through small, contained spaces like your pantry with all your kitchen appliances, your closet, your dresser...etc.

  • Look at recent purchases. Go with what’s fresh on your mind first. Jot down all the recent purchases that come to mind and start a spot to keep receipts so you can track value. And recording your purchases is a great habit to start and will keep your inventory up-to-date as you go.

  • What info to keep. Stick with the basics. An item description, where you got it, what you paid, make and model. Serial numbers are very useful if you can make note of those.

  • Clothing Groups. Don’t try to inventory your entire closet. Instead, you can say, 3 pairs of slacks, 12 button up shirts, 6 pairs of shoes...etc. However, do make note of anything that has value, like a high-end purse.

  • Valuable items may need special coverage. Things like jewelry and art warrant a call to your insurance provider to make sure they are covered.

  • Do you have anything in storage? You may be insured for off-site items. This is another time that a phone call to your insurance provider to find out about your coverage is a good idea.


Technology is your friend!

A trusty pen and paper will work. But if you’ve got tech - why not use it!

  • Pictures are worth a thousand words. Create a digital folder on a cloud drive or in your email and keep photos of your stuff in there.

  • Video is King! If you’re taking pictures, why not shoot video?

  • There’s an app for that. Yep. There are apps designed to help you with your home inventory.


Final Thoughts

Got the home inventory done? Great! Now, a few final tips:

  • Track new purchases. Keep your list current!

  • Have a copy off-site. Make at least one back-up copy and store it somewhere else.

  • Same with digital files. Keep your records on a cloud or online storage account.





Content Provided By: Rock Step Consulting

For more information please contact:



© 2019, Rock Step Consulting, All Rights Reserved

Contact Jennifer Snook