3 Tips for Creating a Business Inventory for Your Insurance

2/19/2021 (Permalink)

Today, technology has made creating a business inventory easier than ever.

Tips On Creating Your Inventory List

Today, technology has made creating a business inventory easier than ever. Smartphones and tablets have brought the tools you need to your fingertips. A simple inventory list can make a big difference when filing an insurance claim for your business in Spring Hill, TN. It will prevent you from having to try to recount all of your equipment and belongings to an insurance agent. This means you can spend your time focusing on choosing a disaster remediation company. This is especially helpful if your business has been around for a while and accumulated many things. Here are some tips on creating your inventory list.

1. Make a Video
An insurance claim can result in a big payout if you have proper documentation. A video offers irrefutable evidence and quickens the amount of time you will receive your money. Therefore, creating a video of your items can be a big step for protecting your business. In other words, this is a crucial task. Try to get all of your business items in the video.

2. Keep It Simple
This is neither a movie nor a documentary, so you don't need to worry about good lighting or editing. Just take a video camera and walk through each room of your business. Open all of your closets or storage containers and film these items. You can talk about each item if you want, or stay silent.

3. Focus on Expensive Items
Any high-end electronics or equipment in your business will need special attention. Make sure you get these items in the video, along with any model and serial numbers. Not only can this give you a better payout, but it can help the restoration company, such as SERVPRO, establish proper remediation procedures.
You don't want to rely on memory when recounting your business' inventory for an insurance claim. Instead, create a simple video that focuses on high-dollar items so you can get the most out of your insurance company.