Be Prepared ... Take Inventory Before Disaster Strikes! Protection&Peace of Mind Complete Documentation of Personal Property Recommended by Insurance Companies & Financial Planners An inventory is especially important for insurance purposes. When you make an insurance claim for damaged, lost, or stolen property, your insurance policy will require you to show the quantity, description, and possibly the amount of loss associated with each item. You may also be asked to provide copies of bills, receipts, or other documentation to support your figures. If you omit some items or fail to include an adequate description of others, you may receive less than full compensation for your losses. Relying solely on your memory can be an expensive mistake. A home inventory is a detailed list of the personal property or assets located in your home, including pictures. You should also include property that you have stored elsewhere, perhaps in a garage or storage shed. Your list should include: furniture, jewelry, antiques, artwork, appliances, kitchen contents, clothes, carpets, drapes, computer equipment, television sets, CD players (and other audio or audiovisual equipment), musical instruments, clocks, mirrors, linens, lawn mowers, snow equipment, tools, sports equipment, collectibles and any other items of value. Here are just a few reasons how you can benefit from our inventory services: Insurance Receive insurance settlements faster because you will be able to identify what was lost. Most people can̢۪t recall every item accumulated over the years after a loss. Taxes and Valuation A detailed inventory can help verify losses for income tax deductions. Estate planning A line listing or picture inventory can be used to supplement legal documentation or information. Moving Keep track of lost or damaged items.
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