Why Asset Documentation?

A THOROUGH documentation of your personal or business assets can serve several purposes.

IN THE EVENT of a loss to fire, theft or natural disaster your insurance company is going to need proof of the extent of your loss. Without the detailed record that an Asset Documentation provides, a full accounting of your possessions will be difficult to compile after the fact.
AN ASSET DOCUMENTATION will also help you and your insurance agent review to make sure your policy covers your possessions fully.
REMODELING and UPGRADING YOUR HOME Insurance companies and adjusters no longer rely solely on square footage of a home or business to establish the extent and value of a loss. Should you need to file an insurance claim after a fire or natural disaster, you will have to present proof of the ornateness or modifications you have made to the original construction of your premises.
AN ASSET DOCUMENTATION can also be used to assign certain possessions to heirs or beneficiaries.

IN THE EVENT of a loss to fire, theft or natural disaster your insurance company is going to need proof of the extent of your loss. Without the detailed record that an Asset Documentation provides, a full accounting of your possessions will be difficult to compile after the fact.