Monday, December 22, 2008

Home inventory - remove what has been discarded

We receive gifts this time of year, many of which replace something old or worn out. And some of us take advantage of the sales and purchase new items for ourselves. Recently I've mentioned how important it is to add these items to your inventory (assuming you've taken my suggestion and created one - or called an inventory provider to do it for you).

Well, there is something else that must be done as part of your updates. Remove the items you no longer own. By keeping your business or home inventory current, you'll make it a lot easier when it's time to file a claim.

Insurance companies suggest updating your inventories annually. So, please remember to eliminate items in your photo documentation and your written report. This step is just as important as adding the new.

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