Now close your eyes and try to list everything in that room. Chances are, you will have an incomplete, and perhaps inaccurate, list. It is best to take a complete inventory of your belongings. Video taping all your rooms is a good idea. You also could take photos to go with your written list.
Many people store all the information on a floppy disk.
Gather up as many receipts as possible-especially those for major purchases such as furniture and appliances. Many agents also recommend that you keep a copy of your insurance policy at another location. Update your list on a regular basis and keep records of any new purchases or remodeling. These records will be very important if you ever need to file an insurance claim. A. Replacement cost is the amount it would take to replace or rebuild your home or repair damages with material of similar kind and quality at today's prices.