![]() It may be best to digitise your home inventory. For those items, list a brief description with a photo and the details of the product. You likely won’t have receipts for everything you already own. Along with a photograph of your new possession, these details make for an easier claims process. ![]() Ideally, you can use the receipts to make note of the item’s make and model, serial number (if applicable), purchase location, date of purchase, and purchase price. When you make a purchase, always save the receipt until you have photographed it and copied down the details in your home inventory. How to make a home inventory for home and contents insurance Save your receipts If an unexpected event causes loss or damage to your home, or a thief ransacks your property, you want to ensure that your sum insured can help cover what was lost.įinally, a home inventory helps you substantiate the value of your items to your insurer, which may assist in maxisming your contents insurance claim payment.Ĭontents insurance isn’t just for homeowners renters should also insurance to protect their possessions, as well as landlords and small business owners. Underinsurance is when the insured value of your home and contents is less than the rebuild or replacement cost of your property or items. When taking out contents insurance, a complete home inventory can help you avoid being underinsured. “Having a home inventory could provide you with peace of mind that you don’t have to remember everything you had and its value.” “When you need to make a home insurance or contents insurance claim, it is usually the result of a very stressful event,” RACV Head of Home & Business Insurance Kirsty Hayes says. By referring to a home inventory, you may be able to file a claim faster and more efficiently, rather than trying to remember all your key contents that were lost. Why do I need to make a home inventory?Ī comprehensive, up-to-date home inventory can help you recover the value of your stolen or destroyed items in an insured event. A home inventory is a detailed list of the furniture, appliances, electronics and personal belongings kept in your house, plus proof of their purchase and value.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |