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March 20, 2018

The Importance of Taking Inventory of Your Belongings

Insurance

Have you ever thought about how many belongings you own? From your clothing and jewelry to electronics and furniture, there likely is a long list of valuables. Now think about what you would do if your belongings were damaged in a fire or flood. Would you have a good idea of your possessions' value? If you are like us, it would probably be difficult to recall each item and their worth - especially in a high stress environment.

Luckily, you likely have everything you need to help you prepare for an unexpected disaster. Your mobile device serves as a great tool to take video footage of your belongings. Here's some tips for using video to take inventory of your assets:

  • Don't overthink it. No need to worry about the quality of the video - instead, focus on getting video of each room and its contents. Remember to open closets and drawers to get footage of items stored away.
  • Obtain footage of high-value assets. While it's important to get recordings of every room in your home, some items may require more detailed footage. For example, you may want to get video of your newly bought television or that piece of furniture you splurged on.
  • Make copies. Once you've made your video, save it to multiple locations for safe keeping. For example, you could download it to a flash drive that you keep in your purse or store it on a digital based cloud that can be retrieved from any device.
  • Get started. The main point is to do this simple process today. Getting started is easy and shouldn't take much time. Plus, once you do it, you'll have peace of mind knowing you've kept a great record of your belongings.

Contact our experts at CorInsurance for more tips on safeguarding what matters most!

Insurance products are not insured by the FDIC, are not deposits, and may lose value.