Take A Home Inventory

1/3 of Americans don't know the value of their belongings. In the event that your home is damaged or destroyed from an emergency or disaster, an inventory can save you -- not only in terms of time, but also in terms of how much you'll recover from your insurance company. It’s estimated that a home inventory will help recover about 60% to 70% of your home's value from insurance companies, while those who do not keep inventories recover only about 30%.

5 Reasons For A Home Inventory

  1. Under Insured
    Home Improvements?
    New Possessions?
    Will your insurance cover everything you own?
  2. Claim Reimbursement
    Most common claims are for fire, water damage, hail or wind and disasters. Do you know what you would need to replace?
  3. Maintenance
    Taking inventory of fixed assets can remind you of small maintenance tasks to avoid repair costs later.
  4. Moving List
    An inventory of home items before and after a move will help if items are lost  or damaged during a move.
  5. Estate Planning
    Planning distribution of your estate assets from your inventory list saving frustration for family later.

How Do I Start A Home Inventory?

You could simply get a notebook and start a list of your items from room to room. However, there are many online tools and mobile apps that can help you get this task done faster and simpler.  Find the right one for you and make it a priority and start your inventory today!

 

Here's one of our favorite apps to help get the job done.

ENCIRCLEEncircle App screen shot

Home Inventory App

This app keeps track of your home inventory, and provides a library of support documentation that is always up to date.

  1. Start with the 1 hour home inventory. Use online or on the mobile app.
  2. Select a room, take pictures with your mobile device, (or upload from your digital camera) then add information for inventory items. 
  3. Complete the specifics as you have time.
  4. Enter model and serial number for items, and Encircle pulls in support/customer service and parts and accessory information for easy reference, add receipts and much more

Available for IphoneIpad and Android - 
Encircle is  free for your first two homes