How Often Should I Update My Home Insurance Inventory?

Protecting your Arvada, CO home and everything in it means keeping accurate records. But what does that mean, exactly? Obviously, your insurer can’t cover something if they don’t know that you own it in the first place, but turning in a weekly inventory doesn’t make a lot of sense.

For most homeowners, there are only two instances where you really need to update your inventory:

  1. Once every six to twelve months
  2. After every major purchase

Buying a couple of new Blu-rays now and then isn’t really worth updating your inventory over, but after six months or a year, they’re going to start adding up. So you’ll want to do regular updates to keep your insurance provider posted. And of course, you’ll want to give your agent a call and send some photos and receipt copies along any time you buy a new TV or a sofa or anything like that. If you had to save up for it, tell your insurance agent.

When making an inventory, it’s a good idea to get some video of your possessions. Making a list is great, but there’s so much you can forget to include, and a video will capture a whole bookshelf quicker than your notepad app will. Receipts are great when you have them on hand, but it can be hard to find one for every single item that you own. Save them if you can, but video and photos might be all your insurer needs to see.

If you’re still shopping around for home insurance in Arvada, CO, give Alliance Insurance Services a call and see what they can do to help protect your home and everything in it. Alliance Insurance Services can get you the coverage you need.