Reasons to make a home inventory checklist?
When you are moving, it’s very important to keep track of everything. Especially, when it comes to one of the most boring and stressful parts of moving. The packing process. That’s why you can start by trying to make a home inventory checklist. And when you do that it’s time for finding the right moving company and the right residential movers NYC.
Reasons to create a home inventory checklist
You can create a home inventory checklist for so many reasons. For example – you can ensure your home in case of some disaster such as fire or mudslide. And when you buy a home insurance policy, it lists two numbers for property coverage. One is for the value of the dwelling itself, and one for “personal property.”
Some policies cover the replacement value of your goods or the amount it would cost to buy new items to replace the ones you’ve lost. Others cover only the actual cash value, the price that your belongings would get if you sold them in their current condition. However, no matter which type of coverage you have, the company doesn’t simply write you a check. So you have to provide a list of the items you’ve lost – something that is hard to do from memory.
That’s where your home inventory comes in. By making a list of your belongings, with photos to back it up, you can show exactly what you owned before the claim and how much it was worth. This can particularly come in handy when you are moving with NYC movers. Even though they are going to keep your belongings safe and sound, but you can never be too careful. Keeping an up-to-date home inventory checklist makes it easier to get an insurance claim quickly and make sure you get the full amount that’s due to you.
Important tasks when making a home inventory list
The more documentation you can provide with your home inventory checklist, the better. That’s why you can start with – detailed descriptions. You see, when packing services NYC knock on your door, you need to be ready! It would be best if you could make a list of each item on your home inventory so that you know everything about everything. You can add a description with details such as where and when you bought it and what condition it’s in.
For appliances and electronics, you can include the make, model, and serial number, which you can usually find on the back or bottom. For small items like clothing and books, you don’t have to count each item individually – just list the number of items you own in a category, such as shoes or pants. However, if you have clothing items that are particularly valuable, such as jewelry or designer clothes, list those separately. Depending on which type of policy you have, you should list either the cash value or the replacement value. If you have any documents that show an item’s value, such as receipts, purchase contracts, or appraisals, attach them to the home inventory. In general, the more you paid for an item, the more documentation you should provide for it.
Home inventory worksheet
A home inventory sheet can help you to keep a record of your valuable and priceless possessions. That will be a few bits of vital information about all of them, including their age and condition. So, it’s really helpful to have a home inventory sheet completed before you start packing for moving. That way, if an item is damaged in transit or even if that same item goes missing, you have a record of what the item was, how much it was worth, and when it was last seen, pretty much all the important details. If you are not sure what to do you can follow different sites, where you can find some tips on how to create a home inventory for insurance purposes.
- Print out several copies of your home inventory checklist – you’ll probably want one per room of your current house.
- Clearly label each page with a room name and the date you’re completing the form.
- Fill in as much of the form as you can for each item: name, serial/model number, the price you paid for it or that it would be worth to you, and any comments about existing damage.
- Be sure to clip or staple all sheets and keep them with you during the move.
- Once you’ve moved to your new home, as items are being unloaded from the truck, inspect them with your home inventory sheet to make sure they were delivered in the same condition as they were picked up.
When is the best time to create a checklist?
Moving doesn’t have to be the only reason why you should create a home inventory checklist. You can do it during spring cleaning as well as before a move. Also, you can do it when you want to increase the value of your home through a renovation. Or when you want to purchase expensive furniture, art, jewelry or other valuable items. Or perhaps when you are buying packing supplies you should use when moving home. A total and current inventory of your home’s contents and associated value will help confirm sufficient coverage and, in the event of a loss, proper compensation. Learn more about that when you want to update your insurance.
Tips for making a checklist
- Print a copy of the Personal Property Inventory Checklist or download an Excel sheet to track your possessions room by room.
- Keep the bills, receipts, guarantees and instruction manuals for your more valuable possessions – these can serve as proof of ownership, which you will need sooner or later.
- Store your records and receipts in a safe place, such as a safe or a deposit box.
- Review your home inventory every year and when you make new purchases, as that will make a significant change. The value of your possessions will increase the more you acquire, so make sure you keep your list updated.
- Take photographs or video footage of all of your valuable possessions, as a picture is worth a thousand words.
- Store records of credit cards, taxes, government and other important household documents in an off-site location, as these papers hold too much value.