Personal Property Inventory List: “The Importance and how to create a Schedule of Property”

Personal Property Inventory List: “The Importance and how to create a Schedule of Property”

Personal Property Inventory List: “The Importance and how to create a Schedule of Property”

Inventory list

Do you remember the serial number on the back of your TV? How about where and for how much money you bought your gaming computer? What about the details surrounding that magical day you asked your girlfriend to be your wife? What was the value of her engagement ring? The clarity of the diamond? Where it was purchased?

Even cherished memories of our purchases may fade. Without receipts or appraisals or perhaps even a list of your personal property, how do you track the details for your Florida Homeowner’s or Renter’s Insurance provider in the event of a loss?

But what happens if those beloved items are lost or damaged? When submitting a claim for personal property an insurance company can provide apps to curate a list at the time of your insurance loss, or you could go about it in your own way, pen and paper or an Excel doc as another option. There are many tools online to help you create a detailed list of personal or business property so that you aren’t left with nothing at the time of an insurance claim.

Once you’ve chosen how to log the information and create a schedule of your belongings, whether it is digitally or handwritten, you’ll want to organize it for functionality in the event of an insurance loss. From there you can further organize it into items by room, perhaps. An easy way to make sure everything is categorized in a familiar way is to determine how you’re organizing your personal property on the schedule. You can organize by value, or by type (electronics, jewelry, furniture, etc).

As you go from room to room, the details of the valuable items you will put on your list should be:

  – What the item is, with its make, model, serial number and purchase price.

  – Where you bought the item and what it cost. (Include receipt of copy of receipt)

  – Warranty Information

  – Photos of the item

What you choose to put on this list is up to you, you can be as detailed as listing everything, tables, chairs, curtains, TVs, picture frames, just list the high ticket items (Electronics, Jewelry, Art), items that are meaningful (Heirlooms) or a mixture of all the above.

If you created a digital list, print outs should exist to further back them up and they should be stored off-site, in a safety deposit box or perhaps a work filing cabinet or safe.

How about a video inventory of your belongings? That’s a very efficient way to log your personal property for your insurance company if you ever were to sustain a loss by theft or fire.

Doing walk throughs, getting close up of serial numbers and such is a great addition to your list! And of course, never forget photos of the items as well. Serial numbers and general photos to show the quality and condition of each item so that they are properly accounted for. 

Once you’ve made your list you should make a copy of it, both physically and digitally, one should be store at home and then one off property in the event of a total loss: safety deposit box or a loved one’s house. It’s advised to go over and update personal property list every 6 months or, in Florida, at the onset of hurricane season on June 1st or immediately after the holidays when you’ve done some purging and purchased new belongings.

Navigating the waters of your property insurance in Florida can be a daunting task. While having a personal property inventory is one step of the process, it’s also helpful to have a trusted insurance advisor to discuss coverages, deductibles, sublimits and additional insurance products that can “fill your gaps” and make you whole in the event of an insurance loss.

Don’t hesitate to reach out to Barefoot Insurance Brokers of Titusville today for quotes and information to secure your Florida Home, your property inside and outside of your home and your Central Florida Business. Call us at 321-218-3880 or email allie@barefootins.com for more information today. Allie Horblitt is a licensed insurance agent in Florida with over 10 years of industry experience who would love to help you with your new Titusville, Mims, Cocoa, Viera, Melbourne and Cocoa Beach Homeowner’s Insurance.

Get out there on Jax Beach in your 4×4!

Get out there on Jax Beach in your 4×4!

Even being a Floridian and although it sounds very touristic, I love the concept of driving on the beach. We’re so lucky to not only be surrounded by such beautiful landscapes, but have such unique outdoor opportunities at our fingertips.

Especially in Huguenot Memorial Park right on the coast of Duval County! Break out your 4×4 automobile and head out to this gorgeous and remote park on the Timucan Ecological and Historic Preserve. A small admission fee of $5 can get you out onto the sand to kite surf, picnic or simply to lounge in the sun with all of your gear right there with you. This eliminates all of the hassle of schlepping your beach equipment from the parking lot and really allows you to immerse yourself in the opportunity.

 

Check out this photo I took in October, 2018 on a windy day at Huguenot!

 

Not every car can handle driving on the beach in Florida, though. It’s best to stick to your trucks and 4-wheel-drive jeeps and SUVs when hitting the sand as to not get stuck and mess up a beautiful day out. The park will have ample signage when you arrive designating whether it’s safe for other vehicles to take it off-road.

 

It’s simple to insure your 4×4 or off-road vehicle in Duval County, too. Barefoot Insurance Brokers offers insurance coverage for all types of vehicles, recreational vehicles, dune buggies and RVs all over the Jacksonville area by phone (954)368-0060 or email (allie@barefootins.com). While our main office is in South Florida, our competent agents can help you save money in every corner of Florida…from San Marco, to Five points, to Arlington…and to the beaches. My name is Allie Horblitt and me and my staff  can’t wait to save you money on your auto insurance.

 

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