How Home Inventory Can Simplify the Claims Process
June 26, 2025
When disaster strikes—whether it’s a fire, theft, or severe weather—the last thing anyone wants is added stress. Yet for many homeowners and renters, the claims process can become overwhelming if they’re unprepared. That’s where a home inventory comes in.
Creating a detailed inventory of your belongings is one of the most effective ways to simplify and speed up the insurance claims process. Here’s how—and why—you should start one today.
A home inventory is a comprehensive list of your personal belongings, including descriptions, estimated values, and (ideally) photos or receipts. It can be a simple spreadsheet or a more advanced digital log using a home inventory app. The goal is to document what you own so that, in the event of a covered loss, you can easily report what was damaged or stolen.
One of the first things your insurance company will ask after a loss is, “What was damaged?” Having a ready-to-go inventory lets you respond quickly and accurately, preventing delays in reimbursement.
With proof of ownership and value, your insurance adjuster can make a fairer and more accurate assessment. Without it, you may underestimate what you’ve lost—or be unable to prove it at all.
Trying to recall every item in your home after a traumatic event can feel impossible. A home inventory removes that burden by giving you a clear record to reference.
solid inventory should include:
Start with high-value items like electronics, jewelry, and furniture, then work room by room. Don’t forget closets, basements, and garages—those often-overlooked areas can house some of your most valuable tools and gear.
There are many apps and online platforms designed to help you build and store your home inventory securely. These tools often allow you to:
A home inventory isn’t a one-and-done task. Be sure to update it when you make significant purchases or changes. Set a yearly reminder to review and refresh your list—it’s a small effort that can save you major time and money.
At MyKey, we understand how overwhelming the aftermath of a loss can be. That’s why we encourage all our policyholders to maintain an up-to-date home inventory. Not only does it help streamline the claims process, but it also gives you greater peace of mind knowing you’re prepared.