Protecting your Home's Property Through Video Documentation

With the current drought conditions in Central Texas most likely to continue, the threats of wildfires still exist for homes in the area.   If your home is destroyed in a fire, you can take steps beforehand to ensure all your belongings are fully documented for your insurance company.

Perhaps the easiest do-it-yourself solution is to make a video walk-through or take a series of photographs of your home. Many of us have a smart-phone, this can be an easy way to quickly document our home’s property.  This visual record can stand alone as your inventory, but for added security combine the photos with another inventory method.  You can contact your insurance agent and ask for a home inventory checklist.

You can also choose to hire a home inventory company, although convenient, they can be expensive.  If you choose this option, be sure to check the credentials of candidate companies carefully.

What Items Should You Include?

Your home inventory should support the claims process for events ranging from the total loss of your home by fire, or other named perils, to the burglary of a few specific items. Generally, this means the more items you inventory, the better.

A good way to ensure proper coverage is to move from room to room, recording items as you go. Pay special attention to the most valuable items, such as antiques, jewelry, and electronic equipment. Also, don’t forget to include items in your basement, attic, garage, and any detached structures, such as tool sheds.

Don’t forget to provide a brief description of each item, including brand name, model name, and serial number. Establish ownership by attaching receipts and/or photos whenever possible.   Record the purchase or acquisition date for each item. Attach receipts, when possible.  Attach receipts, credit card statements, or other documents of transaction. For appraisals on items such as antiques, art, jewelry and collectibles, be sure to include the name and address of the appraiser.

Most importantly, make copies of your documentation.  Don’t let your home inventory become part of a property loss. Whichever inventory method you choose, be sure to keep a copy in a bank safe deposit box or other secure location away from your home.