HTML Preview Home Property page number 1.
Personal Property
Home Inventory
If your home was damaged by a fire or a burglar stole your valuables, would you be able to give your
insurance company a complete list of all the items damaged, destroyed, or stolen? Having an up-to-date
personal property home inventory will help.
Like many people, you may own much more than you realize. Your furniture, appliances, clothing,
sports/hobby equipment, and electronics are all regarded as personal property. After a loss, too many
people find out they should have increased their coverage amounts or purchased replacement cost
coverage.
Note: Your homeowner’s insurance policy covers valuable items such as jewelry, furs, art and
antiques, only up to set dollar amounts, which might not be enough for your situation. If the cost
of replacing them exceeds these limits, you may want to purchase Scheduled Personal Property
Coverage. Discuss with your insurance agent or company what is most appropriate for your
personal property coverage needs.
Home inventory tips:
List every item of value in your house.
Make sure to copy serial numbers of your personal items.
Keep all receipts along with a description of the items.
Keep a detailed record of antiques, jewelry, major appliances, and collector’s items.
Continuously update your home inventory as you acquire new items.
Taking the time to record your personal property in this home inventory will save you time, money and
frustration should a property loss occur. You may want to include a video or photographs of your
inventory.
Keep a copy of your home inventory in a safety deposit box, a fireproof container, or give copies to a
trusted family member who does not live in your home.
STATE OF WISCONSIN
OFFICE OF THE COMMISSIONER OF INSURANCE PI-224 (R 03/2017)