BE PREPARED FOR THE UNEXPECTED! If your household or business assets were damaged, destroyed or stolen could you recall the cost, the manufacturer, model and serial number and when they were purchased? A home/business inventory, a detailed record of property, is something people frequently talk about doing but most home and business owners just don’t complete. When a theft or damage incident occurs you are responsible for providing documentation about your assets. Why do I need an inventory? A detailed photo inventory is critical for insurance purposes. When you make an insurance claim for damaged, lost, or stolen property, your insurer will require you to show proof that you owned the item including receipts, or other documentation. If you omit some items, or don’t adequately describe others, you may receive less than full compensation for your losses. Relying solely on your memory can be an expensive mistake. As an exercise, try to name every item in your kitchen junk drawer, and then imagine having to do that for the whole house! It often takes months of hard work for insurance holders to generate a 40 to 50 page accounting of their physical assets if they experience a loss. If you have an inventory, you can immediately focus on rebuilding your life and replacing your possessions. What do I receive? • A binder containing a print out of your valuables with information such as description, purchase date, cost, model and/or serial number, background information, and a scan of the receipt or appraisal, if available. We focus on your valuables and group lower value items. • Two DVDs with photos of your valuables • Electronic versions of the detailed reports We recommend that you store one DVD at another location. Strictly Confidential As an added measure of protection, we sign a confidentiality agreement with you so you have the peace of mind that comes with knowing that information about your assets will remain private. Insurance Information Institute statistics revealed that homeowners who have a home inventory typically receive 20% more when settling an insurance claim. Why Invest in an Inventory? Benefits of a Home/Business Inventory: Here are just a few reasons why you can benefit from our inventory services: Insurance – Receive insurance settlements faster because you will be able to identify what was lost. Most people can’t recall every item accumulated over the years after a loss. Taxes and Valuation– A detailed inventory can help verify losses for income tax deductions. Estate Planning– A line listing or picture inventory can be used to supplement legal information. Moving – Keep track of lost or damaged items. Vacation Rental Owners, Landlords & Renters – Document the condition of rental properties prior to or following tenant occupancy. Businesses Owners – Record the contents of your office or other small business to ensure a smoother and faster recovery process from your insurance company should you need to file a claim. Special Collections – Our documentation specialists are also experienced personal property appraisers. We can often help you determine if your collection is valuable enough to be added to your insurance policy. Starter Package 800-1,200 square feet Basic Package Up to 2,500 square feet Large Package 2,500-4,500 Estate Package Covering 4,500 and up Download the brochure here.