How To

How to Take Inventory of Your Possessions

Contributor
By eHow Contributing Writer
(10 Ratings)

Make a permanent record of your possessions for insurance purposes, in case of theft or loss due to a natural disaster.

Difficulty: Easy
Instructions

Things You'll Need:

  • Safe-deposit Boxes
  • Notebooks
  • Pens
  • Cameras
  • Pens
  • Cameras
  • Notebooks
  1. Step 1

    Divide possessions into two categories: "theft-prone" items and "other" items.

  2. Step 2

    Make a list of theft-prone items and record serial numbers.

  3. Step 3

    Mark theft-prone items with your Social Security number or other identifying mark, using an engraving tool.

  4. Step 4

    List all other items and include brief descriptions.

  5. Step 5

    Take photographs of items.

  6. Step 6

    Invest in adequate insurance - home owners' or renters' insurance coverage.

  7. Step 7

    Put the completed inventory in a safe place outside your home, such as a safe-deposit box.

Tips & Warnings
  • Most insurance companies have specific inventory formats to simplify processing of claims.
  • Include mundane possessions such as linens, clothing, kitchen utensils and decorations when taking photos of your possessions. The cost of replacing these items can add up if they're not insured.
  • Update the inventory regularly to include new acquisitions.
  • Talk to your insurance agent regarding coverage of valuables that may require extra policy "riders."
  • Protect possessions from theft by installing locks on all doors and windows.

Comments  

capx197 said

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on 6/29/2009
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on 6/18/2009 Great article. So important because insurance companies require an inventory before they will pay up. 5*

zemzem82 said

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on 1/12/2009 Great advice from both so I can keep my possessions safe! Web Life!-zemzem.ecrater.com

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