Could you list (and accurately value) all your personal property from memory? In the event you need to file a claim, a complete inventory of all your possessions can help you document your loss. A written description should include the date of acquisition, original cost, and any improvements. Serial numbers, if available, should be recorded, and any receipts you have should be attached to the list.
Not sure keeping an inventory is all that important? You should. Here is what a former insurance company employee said about how documentation plays a huge role in your claim: