360 Photo Home Inventory is the new way to document your home.
360 Photo Home Inventory
Introduction
A 360 Photo Home Inventory is a quick way and effective way to document your home and the personal property in and around your home. Such documentation is the best way to prepare for insurance claims before that theft, fire, or natural disaster hits your home. A 360 Photo Home Inventory can also be valuable for estate and financial planning.
Importance of a 360 Photo Home Inventory
If you were to step outside your home, could you remember and list all the items you own? A 360 Photo Home Inventory ensures that homeowners are sufficiently prepared, in terms of their insurance coverage, to deal with potential losses. A detailed list of all the items destroyed, damaged, or stolen is required for an insurance claim. Proper documentation ensures a faster and smoother claims process, as well as maximizing your insurance reimbursement.
In fact, you must provide documented proof of ownership to receive a settlement covering the full extent of the loss. According to the National Association of Public Insurance Adjusters, most policyholders do not realize that the burden of proof rests with them.
Benefits of a 360 Photo Home Inventory
·Helps you determine how much insurance coverage you need.
·Identifies visible items—such as antiques, and artwork—that have limited coverage. The decision can then be made to purchase additional coverage (known as a “rider”) so the items will be insured for their full value.
·Helps you evaluate whether to insure your property and contents at “replacement cost” or “actual cash value.” (Replacement cost is the amount it takes to replace or repair your home and possessions with materials of similar quality. Actual cash value is a lower amount that consists of replacement cost less depreciation.)
·Could result in a higher appraisal for your home, since you document and can provide proof of home improvement projects which add value to your home.
·Verifies the condition of your assets before moving or placing them in storage in case of loss or damage.
·Could be used to show condition of the property in case of property tax disputes.
·Requires one or two photos of a room because 360 photography records everything in sight. There is no need to take multiple photos of a room like traditional photography.
·360 Photos can be quickly put together to make a virtual tour of the home or 360 video of a home.
·Unlike other video techniques, 360 Photos from cs360studio.biz have the tripod removed from every photo.
·360 Photos can provide a valuable resource for estate sales and auctions.
·360 Photo inventory could also acts as a valuable resource and supplement for wills, trusts, or other legal documents.
Keeping a 360 Photo Home Inventory Secure
Once your 360 Photo Home Inventory is complete, you can store the information in a safe location for the long run. Here are some options:
·Copying the files on a USB thumb drive and storing them in a fireproof safe or a safe deposit box.
·Storing your 360 photos and 360 video on mommento360.com
·Storing all your files on Dropbox.
·Storing your 360 videos and normal videos on YouTube and making them private so nobody else can find or access them.
·Storing your 360 videos and normal videos on Vimeo and making them private so nobody else can find or access them.
·Storing all your files on Google Drive.
A Word of Caution:
Inviting a stranger into your home to photograph your valuables is a potentially risky thing. To be safe, be sure that you obtain the services of an established, and reputable provider.
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