No one ever expects damage or theft to occur to their home or property. But if something were to happen, during this time of emotional stress, what a relief to be able to pull out your inventory report and use it as a checklist to assess the damage or theft instead of having to recreate your list of possessions - BY MEMORY.

The National Association of Professional Insurance Agents (NAPIA) clearly state in "STRAIGHT TALK ABOUT NATURAL DISASTERS" http://www.pianet.com/publications/naturaldisasterbrochure.htm that not only is an inventory report needed to assess the damage but it is a necessary document to challenge the settlement.
Accessing Your Loss
1) Make a detailed list of losses to personal property.
2) Document losses with photos.
3) Check damaged or destroyed goods against your property inventory. Providing the adjuster with canceled checks, receipts and other documents also helps in determining the value of destroyed property.
Settlement
1) If you feel the insurer's settlement offer isn't fair or is incomplete, contact your agent or the company. Be prepared to provide information to support your claim.

For further information regarding a home or business inventory, visit http://www.jlksystems.com/