Keeping Records of Personal Property

As a preventative measure, it is best to make a complete assessment of your personal property and supply your insurance company/agent with a list of those items for safekeeping and recordkeeping purposes. Things such as jewelry, firearms, coins, etc., plus important documents such as wills, life insurance policies, a living will, trust, deeds and birth/baptismal records should be videotaped and recorded on a list of valuables.

A videotape of all property is a helpful item to give to your insurance company/agent.

You should also keep copies of your personal property list and videotape. It is recommended that you keep the list and/or videotape in a place other than your home, such as a safe deposit box at your bank or with a relative or friend. Homeowners may want to contact their insurance carrier for additional ideas.

The list and videotape should be updated at least annually.