know your worth: how to do inventory for an insurance claim with only your smartphone
TRANSCRIPT
![Page 1: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/1.jpg)
K N O W Y O U RH O W T O I N V E N T O R Y Y O U R P O S S E S S I O N S
F O R I N S U R A N C E W I T H Y O U R S M A R T P H O N E
Courtesy of DarrasLaw
W O R T H
![Page 2: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/2.jpg)
W H Y T A K E I N V E N T O R Y ?
Your stuff is important to you.
If theft, fire, or a natural disasterravages your home, you'll needan updated list and videofootage of your belongings if youhope to recover their true worth.
It's worth more than you think.
![Page 3: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/3.jpg)
S W I T C H T O V I D E O . H I T R E C O R D .
![Page 4: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/4.jpg)
START OUTSIDE.
Film your swimming pools, hottubs, water features and theequipmentWhat about the roof?Do you have an unattachedgarage or shed?What about a tree house oractivity court?
Record the state ofthe exterior.
![Page 5: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/5.jpg)
AND WHEN OUTSIDE...
Record the landscape, too.
What trees/plants do you havein your yard?
It's easier to assess damagefor a claim when you have a"before" image to reference.
![Page 6: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/6.jpg)
GO THROUGH YOUR HOME
ROOM BY ROOM
CLOSET BY CLOSET
DRAWER BY DRAWER(AND DON'T FORGET THE GARAGE)
![Page 7: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/7.jpg)
SERIOUSLY,CHECK YOURGARAGE ANDSHED, TOO.
Tools are expensive toreplace, and we often keepforgotten valuables in thegarage. Like that bicycleyour kid just HAD to have.
![Page 8: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/8.jpg)
B A C K E V E R Y T H I N G U P
Back up your videos and images from the inventory ontocloud storage so you'll have guaranteed access to them,even if something happens to your phone.
Try iCloud, Dropbox, Google Drive, or something similar
PRO TIP: Send a copy of your video to a friend in anotherarea of the country and ask them to store it, too.
![Page 9: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/9.jpg)
WHAT ABOUT YOURHIGH-PRICED ANDCOLLECTIBLE ITEMS?
Consider a special rider to coverexpensive items that may exceedthe limits of your homeownersinsurance policy
Be sure to include replacementcost coverage for these items
The cost for a rider is fairlyinexpensive
![Page 10: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/10.jpg)
CONSIDER A RIDER FOR...Flatscreen TVsLaptops, cameras, and otherhigh-priced electronicsExpensive jewelryAntiques/heirloom collectibles
If you have a lot of expensiveitems, you may want toconsider separate ridersHave your high-priced itemsappraised regularlyA 20-year-old appraisal won'treflect current value and willhurt your claim
![Page 11: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/11.jpg)
DON'T FORGETTO UPDATE.
Make a habit of updatingyour video inventory atleast once a year.
ALSO: Update your videoinventory when you make anymajor changes or additions toyour home.
![Page 12: Know Your Worth: How To Do Inventory For An Insurance Claim With Only Your Smartphone](https://reader034.vdocument.in/reader034/viewer/2022051706/58f9c02d760da32f4b8b4ff9/html5/thumbnails/12.jpg)
W A N T T OK N O W M O R E ?
S U B S C R I B E T O O U R B L O G
F O R T H E L A T E S T N E W S A N D T I P S O N H E A L T H ,
D I S A B I L I T Y A N DI N S U R A N C E M A T T E R S :
F O L L O W U S O N T W I T T E R