Tag Archives: Home inventory

How many homeowners have a home inventory?

The Insurance Information Institute (I.I.I.) gets questions all the time. Here is one that was sent to our California representative:

Q:  Do you have recent statistics about the percentage of people without a home inventory?

A: The I.I.I. regularly surveys people on this topic. In November 2016, 50 percent of the homeowners we polled said that they had a home inventory, down from 52 percent in 2015. Only 37 percent of Millennial homeowners reported having an inventory compared to 50 percent of Gen Xers and 51 percent of Baby Boomers. A home inventory can be used to help make coverage decisions and can simplify filing an insurance claim, so it’s important to make one and keep it updated.

Advice on how to create a home inventory can be found on the I.I.I. website