Few debate "why" home insurance is important. Yet many homeowners struggle with a seemingly simple question: "How much home insurance do I need?"
Fortunately, Daniel Carinici Agency LLC, serving the greater Pittsburgh, PA community, has the answer. Although there are several factors to consider, it begins with a home inventory. A home inventory catalogs your possessions. This document will expedite the claims process and ensure a higher, more accurate payout.
That’s why we advice everyone to conduct a thorough review before purchasing home insurance.
Here we list five steps for conducting a comprehensive home inventory:
Organize each area
Divide and conquer. Avoid getting overwhelmed by sectioning your home by room or area. Complete one space before moving on to the next.
Record basic information
Jot down descriptions of each item. Include purchase dates and prices. For appliances and electronics, write down any makes, models, and serial numbers too. Taking pictures or scanning sales receipts is also recommended.
Group less expensive items
Trying to list everything separately can be exhausting. Lump together low-cost items, like cooking utensils and clothing. Assign a dollar value to the whole group.
List out more expensive items
Jewelry, antiques, collectibles, and other valuables are the exception. Since these may require additional protection, note these higher-end items individually. Once you’ve compiled the list, consult with an agent to ensure these valuables will be covered.
Update frequently
Your home inventory is a living document. At a minimum, it should be reviewed and updated each year. Add any new items to your digital records, but keep a hard copy somewhere as a backup.
Contact an agent serving Pittsburgh, PA
Using your home inventory, Daniel Carinici Agency LLC can craft an accurate assessment of your home insurance needs. Schedule an appointment to review with one of their agents today.
