FLORIDA INVENTORY SERVICES - WHY DO I NEED AN INVENTORY OF MY ASSETS?

 Cover Your Assets!

State Farm Insurance states: “The threat of loss from fire, theft or other causes is always present. An accurate inventory and proof of ownership at the same time of a loss can make claim settlement easier and faster.”

The National Crime Prevention Council (NPCC) states “Make a list of your valuables - DVD Players, VCRs, stereos, computers and jewelry etc... Take photos of the items, list their serial numbers and description.”

"Our adjusters tell us that they might see one or two home inventories in a year," said Pete Moraga, a spokesman for Allstate Insurance. "That's out of hundreds of claims."


An assets inventory is important for several reasons. For one, it helps establish how much insurance you need and whether you need special riders to cover items of great value. And in the event of a loss, it provides proof for your insurer of what needs replacing.


What's more, if some costs are not insured, it helps establish whether you have a so-called casualty loss that can be deducted on federal income tax returns.


"I can't emphasize enough how important they are," Moraga said. "It's not that big of a deal in a partial loss, because you can still see and piece together what you lost. But, in a total loss like we've seen in some of the fires and tornadoes, it's incredibly difficult to remember everything you had."


Consider: How many compact discs do you own? Videotapes and DVDs? Computer programs? Shirts, skirts, coats, socks? How about kitchen utensils, pots, pans, bowls, china and crystal?


"Most people can't remember what they had for lunch, much less what's stored in the attic," said Jean Salvatore, spokeswoman for the Insurance Information Institute .


The stress of loss is NO time to rely on your memory. Our services provide an accurate documented inventory of your home or business and possessions to ensure proper settlement at the time of a claim.


Our documentation services can also assist you in estate planning, moving and storage preparation, asset liquidation and more. Tour our site to learn more about our services and proven process !

Disclaimer: We are not certified appraisers and we will not represent you legally as to the value of your property as REPORTED TO US BY YOU. Your receipts and appraisals are necessary for that aspect. Our assistance will be in the reporting capacity only.