EC87-420 Household Inventory

A household inventory is an itemized list of a household\u27s possessions and an estimate of their worth. Making a household inventory will benefit you in several ways: • The inventory can help you determine how much insurance you need for household goods and personal items. • It will furnish a record on which to base insurance claims in the event of an insured loss or theft. • It will show money value of household goods and personal items for net worth statements. • It can be useful in planning for replacements of household furnishings and equipment and personal items. This publication discusses the ways to perform a complete household inventory