Inventory
A detailed list of your personal possessions, including descriptions, values, and documentation for insurance purposes.
Detailed Explanation
A home inventory helps ensure you have adequate personal property coverage and simplifies the claims process by documenting what you owned before a loss. Documentation can include photos, videos, receipts, and serial numbers.
Practical Example
Following a house fire, Jason's detailed home inventory with photos and purchase receipts helped him receive a prompt and fair settlement for his destroyed belongings without lengthy disputes about what was lost.
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