Creating a disaster home inventory list
MOORE, OKLA. – There’s devastation as far as the eye can see.
The Isam family lost their home and livelihood.
“Our church got hit as well, a lot of structural damage and stuff like that,” Caleb Isam said.
Mom, Diane, feels overwhelmed at the moment.
She said, “You just go from one room to the other and wonder what’s in there and what’s still here.”
The family has help.
Alice Young is an independent adjuster from Brown O’haver.
“You’ve got to write every single thing down, literally every single thing down,” Young said.
She recommends documenting all damaged or destroyed items, noting approximate age, value and replacement cost.
Most belongings will depreciate, but other items you can’t put a price tag on.
Young said, “Find an item online that’s similar to it and put collectible instead of age.”
You should also reference photos from Facebook and other social media sites.
“You’re taking a picture of your grandson’s birthday party and your grandson may be the focus of the picture, but behind it, you have an elephant knick knack,” Young said. “You have Mickey Mouse salt and pepper shakers and you can see all those items.”
Those who don’t wish to put together an itemized inventory have another option. They can receive a lesser lump sum settlement from their insurance provider. We don’t recommend that option though, because typically you’ll only receive about 75% of your total policy limit.
The Isam family has big decisions ahead.
Reconstructing a list of your possessions from memory isn’t easy, which is why we recommend putting together a home inventory list before a disaster strikes.
This list should include all of your belongings you would want replaced, their values, their warranties, receipts, and home or rental insurance information.
Most insurance companies have online tools that walk you through the inventory process.
There’s also smartphone apps that help you navigate the inventory process. Nest Egg will run you a one time payment of $2.99. It stores data about your purchases, including photos and relevant information like warranty expiration dates.
This coming Thursday, Brown O’haver will put on a free workshop at Community Christian Church, located at 2010 N. Eastern Avenue in Moore.
The workshop, which kicks off at 6:30 p.m., is open to the public. Independent adjusters will offer free advice to help you navigate your claim.