Sure you could describe the big stuff, but what about all the little things? These little things should be overlooked. So, if tragedy struck and you didn’t have an organized, written list of personal belongings, how would you handle reporting all these lost items to your insurance company? By memory? What does that mean? Before you receive any money from your insurance company to replace or restore the items in your home, you first need to prove to them that you actually owned these items. Insurance companies put the burden of proof on you, the homeowner, to show ownership of your belongings in order to get reimbursed fully and quickly. Why? Your insurance company will require that you describe exactly what needs to be replaced. How would you (or I) pick up the pieces and start over? Thankfully, you probably have homeowners insurance, but that doesn’t completely solve the problem. How would you feel? Traumatized? Vulnerable? Not quite sure where to turn and what to do next? Luckily, it hasn’t happened to us, but I can imagine an overwhelming myriad of emotions. Or finding a window broken and your house broken into and everything stolen. Picture this: Imagine returning home from vacation and finding your house completely destroyed by fire or flood.

Why You Need a Home Inventoryīefore we dive into what a home inventory is, let’s first start on why you need one in the first place. As such, I earn from qualifying purchases. This post contains Amazon and other company affiliate links. And I’ve discovered that one way to to protect my home and loved ones from financial disaster is through a home inventory. As a responsible homeowner (or at least I try to be….), I’m always on the look-out for the best and most efficient ways to protect my home from potential emergencies such as fires, natural disasters, and burglaries.

Definition new home inventory mean