woman taking home inventory photo

Extreme Clean Your Home Inventory

Summer is a great time of year for many people to clean and fix up their home in their free time. It’s also the perfect opportunity to take inventory of your belongings.

“Keeping a home inventory is important because it’s a record of everything you own,” said Christopher O’Rourke, vice president of property claims at Mercury Insurance. “In the event you were to experience a loss, like if your property was damaged in a fire or stolen, it allows you to instantly know what needs to be replaced. The claims process will go a lot smoother with a checklist, videos and photos that catalog your belongings.”

A home inventory also helps you determine whether or not you have sufficient insurance coverage. Some of your possessions, like expensive jewelry, fine art, rare stamp or coin collections, and irreplaceable items may not be covered by a standard homeowners insurance policy and might require adding a “floater” policy. Speak with your agent to learn more.

If you’ve never created a home inventory, a simple way to tackle it is to add to it as you clean each room in your house – Mercury Insurance has put together a template to help you get started. Be sure to photograph each item and take 360-degree videos to showcase where everything is placed or stored. Upload a copy of your home inventory list and all photo and video documentation to a storage cloud to ensure you’re able to access it from anywhere when needed.

“Remember, a home inventory is constantly in a state of flux – people tend to get rid of things that are old, replacing them with newer models, donate or throw out things they no longer need, want or use, and generally just accumulate more stuff,” said O’Rourke. “Be sure to update your inventory to reflect these changes to ensure its accuracy.”

Click here to download the home inventory template.