 TITLE: How to Make a Home Inventory List for Your Insurance CONTENT: What to Do With Your Home Inventory\n-----------------------------------\nKeep copies of your home inventory, including photos, videos, receipts and other documentation, in several places. For example, you might keep a copy of your written inventory in a fireproof safe at home, one in a safe deposit box and one at a friend's house. Preserve digital copies of your inventory in the cloud and email one to yourself. Having a copy inventory stored somewhere outside your home means that if your belongings are stolen or destroyed, your list will be out of harm's way.\nWhen you file an insurance claim for personal property, you'll use your home inventory to confirm the value of the lost items. Some home insurance policies pay \"actual cash value\"—that is, the price the item currently sells for today—which means you may not receive enough for older items to replace them with comparable new ones. A \"replacement cost\" policy pays to replace your belongings with equivalent new ones. However, you'll typically receive actual cash value first and be reimbursed for the replacement cost only after you're replaced the items and submitted receipts to the insurer. END