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Examples of tangible personal property include vehicles, furniture, boats, and collectibles. Stocks, bonds, and bank accounts fall under intangible personal property. Just as some loans?mortgages, for example?are secured by real property like a house, some loans are secured by personal property.
Use technology to make your home inventory easier Take pictures ? Create a photo record of your belongings. ... Tape it ? Walk through your house or apartment videotaping and describing the contents. ... Use an app ? There are many mobile app options that can help you create and store a room-by-room record of your belongings.
A written inventory: A comprehensive home inventory list catalogs your belongings and should include the item description (make, model and serial number, if applicable), value and purchase date. You can create your own list using a spreadsheet or fill out a home inventory checklist that's ready to go.
Your furniture, appliances, clothing, sports/hobby equipment, and electronics are all regarded as personal property.
Your furniture, appliances, clothing, sports/hobby equipment, and electronics are all regarded as personal property. After a loss, too many people find out they should have increased their coverage amounts or purchased replacement cost coverage.