Why it’s important to inventory your possessions
By Leslie Caveny
It’s stressful enough when something valuable gets stolen or lost, without the aggravation of having to provide an accurate description of your personal assets. This is why it’s a good idea to keep a record of your personal items in the instance they are stolen or lost.
Before taking an inventory of your personal assets, it might be a good idea to keep hold of receipts, especially for more valuable items, such as jewelry, electronics, and artwork.
It goes without saying that your list should be kept up-to-date. We recommend you visit it at least once a month to add new items you have bought or remove items you have sold, donated, or disposed of.
It is probably a good idea to save your inventory digitally in the cloud so that you can still access it if your phone, tablet, or laptop is stolen or lost.
There are also apps you can use to create an accurate inventory of your personal assets. Sortly, available on iTunes, allows you to build a visual inventory of your items with photos, QR labels, tags and notes.
Most importantly, part of maintaining protection for your inventory of assets is having the right insurance coverage.