| What an Inventory Can Do For You |
Benefits You'll Enjoy
- Protect Your Investments: Have proof of ownership and value of your
personal property readily available for speedy
and accurate insurance claims.
- Enjoy Peace of Mind: With a detailed, professional inventory
stored safely outside your home you'll rest easier knowing you're protected.
- Preserve Your Heritage: Record a permanent legacy for your family and
heirs. Document your heirlooms and valuables and the stories behind them.
- Save Valuable Time: Your time is valuable. Save it for your other priorities
and the things you love to do. Let a professional handle the intense work of cataloging
your belongings. We're experienced and fully equipped to
complete your inventory promptly.
- Simplify Your Life: You'll have a detailed listing of what you own available when you need it,
whether that is for insurance purposes,estate planning, estate valuation, tax issues, moving, legal issues, or other
reasons. And, it's simple to update annually!
Insurance
Documentation
- Provide required documentation of ownership and value:
In the event of a loss due to fire, theft,
burglary or other catastrophe, your insurance company
will try to be helpful and cooperative, but they won’t
hand you a blank check. It’s up to you to document
your losses. Just think how difficult it would be to
recall from memory everything you own. An inventory with
details, video and digital pictures will provide the
required documentation to prove ownership and value of
your possessions.
- Evaluate your personal property coverage:
Taking inventory will also help you to
evaluate whether or not you have enough personal
property coverage. For example, do you know what your
sub-limits are for jewelry or art within your policy?
Your inventory also helps you to identify property that
should be “scheduled” on your policy. It gives you a
valuable tool for discussing your insurance needs with
your agent, and helps you to make informed decisions
about your insurance coverage.
- Settle claims accurately and promptly:
Insurance companies recommend that you have an inventory. Each
year, people lose thousands of dollars worth of
belongings through fire, theft or other disasters.
Fortunately, many of those loses are insured, but when
it comes time to fill out claim forms many things are
overlooked if there is no inventory.
Having an up-to-date home
inventory will help you get your insurance claim settled
faster and will give you the documentation you need to
verify losses for your income tax return.
- Maximize your insurance dollars:
The cost of the inventory is truly minimal relative to the
greater amount you will recover with good records in the
event of a loss. You pay your insurance premiums each
year. Let us help you create the records you need to
maximize your insurance dollars in the event you need to
make a claim.
Estate Planning and Settlement
- Estate Documentation:
Create a permanent record of your heirlooms and other valuable property
with the stories behind them. This legacy will be a comfort to your family and heirs.
Narrate your video if you want to.
- Estate inventory and valuation:
The inventory process allows you to establish the value of your personal property.
This can be an important estate planning tool. In addition,Redwood Home Inventory can conduct
objective third-party inventories for estate settlement purposes. We coordinate with
Certified Appraisers when necessary.
Vacation Rental Owners,
Landlords and Renters
- Landlords and Renters both benefit:
Perhaps you own rental property or a vacation
home rental, or you rent a home or apartment. Landlords
and renters both benefit from documenting the condition
and contents of rental property. Vacation rental property
should also be documented and updated annually.
- Renters should document:
Renters should also document their personal property for
insurance purposes.
Moving
- If you need to file a claim for loss or damage:
A detailed inventory will be a valuable asset if you need to file a claim with your moving
company for loss or damage.
- Do you need additional insurance before you load up?:
An inventory of what you are moving with its value and condition documented allows you
to determine if you need to purchase additional insurance before the move. Are your "high
value items" adequately covered?
Small Businesses and Workshops
- Protect your business assets:
An inventory of your office equipment, workshop tools and machinery, and other
business tangible assets documents your investment for insurance, lenders, suppliers, and procurement bids.
Special Collections
- Assess value and document collections:
Whether you collect stamps, coins, dolls, antique
tools, firearms or other specialty items, an inventory
will help you assess and document the value of your collection.
Objective Third Party Inventories
- When you need an objective third party:
Redwood Home Inventory works with you and your
attorney in situations where an uninvolved third party
is required to perform a property inventory. Pre-nuptial agreements,
divorce and
estate settlement situations may require such
documentation.
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Personal & Business Property Inventory Services for Northern
California
