Home Decor

Home Décor Inventory Guide for Insurance Claims and Policy Coverage

Loti - Article - Home Decor

Home décor plays a major role in personalizing and enhancing the ambiance of your living space. From fabric décor and fireplace accessories to decorative baskets and plants, these items range from purely functional to highly aesthetic pieces that can add significant value to your home.

While home décor may not always be the most expensive part of your household inventory, these items can add up quickly in terms of replacement cost. Proper documentation is essential for ensuring these décor items are covered in your insurance policy in case of damage, theft, or loss.

What is Insurable Home Décor?

Home décor encompasses the furnishings and accessories that enhance the interior design of your home. These items can range from functional to purely decorative, and while they may not always hold high monetary value individually, their collective worth can be substantial. Many home décor items also have sentimental or design importance, especially if they are custom-made or uniquely styled.

Importance of Appraisals for Home Décor

While most home décor items do not typically require formal appraisals like fine art or antiques, custom or high-end pieces may necessitate an Appraisal for proper insurance coverage. For mass-produced items, detailed documentation with photographs and receipts should suffice, but any custom-designed or premium materials (such as rare fabrics or unique fireplace accessories) may require appraisal for accurate valuation.

Depreciation and Home Décor

Virtually all home décor items depreciate over time, especially mass-produced pieces. Of course standard homeowners’ policies often provide some coverage for home décor, but for valuable or custom-made pieces, it’s essential to ensure they are adequately insured through a specialized rider or policy Endorsement.

Ensuring Proper Insurance Coverage for Home Décor

  1. Riders for High-End Décor: If you have custom or high-end décor, consider adding a rider to your insurance policy. This ensures these items are covered for their full value in the event of a Claim.

  2. Detailed Documentation: Keep a detailed inventory of your home décor, including photographs, purchase receipts, and descriptions. This will help streamline any claims process and ensure proper reimbursement.

  3. Replacement Value Coverage: Make sure your insurance policy covers décor items at replacement value, rather than actual cash value (which accounts for depreciation). This ensures that if your items are damaged or destroyed, you can replace them at their current market price.

  4. Regular Updates: Regularly update your inventory, especially if you add new items or upgrade existing pieces. This ensures your insurance coverage remains accurate and comprehensive.

Quick List of Home Décor by Category

Here’s a categorized inventory guide for various types of home décor, helping you document and manage your collection for insurance purposes.

Baskets & Hampers

Baskets and hampers serve both functional and decorative roles in the home. Many are designed to complement various interior styles, and some high-end or custom baskets can be valuable.

  • Wicker storage baskets

  • Handwoven seagrass baskets

  • Wire baskets with fabric lining

  • Bamboo laundry hampers

  • Leather storage baskets

  • Nesting baskets (wood or fabric)

  • Lidded hampers (wood, fabric, or wicker)

  • Rope baskets (cotton or jute)

  • Decorative metal baskets

  • Fabric collapsible storage bins

  • Wall-mounted baskets

  • Rustic farmhouse-style baskets

  • Canvas storage bins with handles

  • Antique-style wire baskets

  • Felt baskets for organizing small items

Décor

Décor items are integral to enhancing the aesthetic appeal of a home. While many are affordable, certain custom-made or high-end décor items may hold significant value.

  • Decorative candleholders (metal, ceramic, or glass)

  • Sculptural table centerpieces

  • Large candles

  • Large decorative vases

  • Ceramic bowls and decorative dishes

  • Bookends (metal, Marble, wood)

  • Wall sconces (non-electric, decorative)

  • Decorative mirrors (wood, metal, or glass frames)

  • Console table décor (vases, figurines, small sculptures)

  • Geometric metal sculptures

  • Decorative trays (brass, wood, acrylic)

  • Tealights and holders

  • Faux animal hide rugs

  • Hanging wall planters (metal or wood)

  • Desk accessories (marble, leather, acrylic)

  • Sculptural bowls or trays

  • Decorative clocks (wall or tabletop)

Fabric Décor

Fabric décor can include everything from throw blankets to decorative pillows. These items, while often mass-produced, can also be custom-made or crafted from luxury materials.

  • Embroidered throw pillows

  • Velvet or silk cushion covers

  • Chunky knit throw blankets

  • Faux fur throws

  • Tapestries and wall hangings

  • Custom-upholstered ottomans

  • Quilted fabric wall décor

  • Macramé wall hangings

  • Custom or designer table runners

  • Fabric placemats and napkins

  • Upholstered footstools

  • Velvet curtains (decorative only)

  • Silk or Linen decorative bed runners

  • Quilted sofa covers or throws

Fireplace Items

Fireplace décor and accessories are important for both function and style, particularly in homes where the fireplace serves as a Focal Point. High-end Fireplace Tools or custom mantels can hold significant value.

  • Custom marble or wood fireplace mantels

  • Wrought Iron or brass fireplace screens

  • Decorative firewood holders (metal or leather)

  • Andirons (cast iron or brass)

  • Fireplace tool sets (poker, shovel, tongs)

  • Decorative log baskets

  • Antique-style bellows

  • Stone or metal fireplace surrounds

  • Decorative firewood boxes

  • Mantel clocks

  • Ceramic fireplace tile accents

  • Cast iron fireplace grates

  • Decorative gas fireplace logs

  • Custom Hearth rugs

  • Brass or copper fire starter pots

Pictures, Framed

Framed pictures and photographs may not always have monetary value but often hold sentimental importance. However, high-end frames or custom-made photo arrangements may require insurance consideration.

  • Framed family photographs

  • Custom-made photo collages

  • Large-format canvas prints

  • Gold-leaf picture frames

  • Hand-painted picture frames (wood or metal)

  • Antique-style wood frames

  • Shadow Box picture frames

  • Framed botanical prints

  • Gallery-style hanging systems

  • Custom photo art prints

  • Photo frames with intricate detailing

  • Floating glass frames

  • Collage picture frames (multiple openings)

  • Magnetic or hanging wire photo displays

  • Personalized name frames (with carved initials or words)

Plants, Artificial & Live

Live and artificial plants are increasingly popular in home décor. While most are affordable, custom planters, rare plants, or high-end artificial arrangements can have some value.

  • Large potted fiddle leaf fig trees

  • Handcrafted ceramic planters

  • Artificial silk flowers

  • Succulent terrariums

  • Bonsai trees (live or artificial)

  • Custom-made vertical plant walls

  • Orchids in decorative pots

  • Large faux Tropical Plants (palm trees, banana plants)

  • Decorative plant stands (wood, metal, or acrylic)

  • Hanging macramé plant holders

  • Air plants in glass terrariums

  • Live herbs in decorative pots

  • Wrought iron or ceramic plant holders

  • Moss wall panels (live or preserved)

  • High-end artificial plant arrangements

Storage Bins & Containers

Storage bins and containers provide functional organization while also serving as decorative items. Custom-made or high-quality storage solutions can hold value on their own.

  • Stackable wooden crates

  • Glass jars with cork or wooden lids

  • Clear acrylic storage boxes

  • Fabric bins with leather handles

  • Decorative metal storage boxes

  • Woven baskets with lids

  • Large rolling storage bins (wood or metal)

  • Plastic drawer storage systems

  • Bamboo kitchen Storage Containers

  • Stackable wire baskets

  • Stackable shoe storage boxes

  • Linen storage cubes

  • Industrial-style metal lockers

  • Leather or fabric storage ottomans

  • Modular storage cubes

Key Considerations for Home Décor Collection Management

  1. Organize and Document: Create a digital inventory of your home décor, especially for custom-made or high-end pieces. Include detailed descriptions, photographs, and receipts where possible.

  2. Safe Storage: For delicate or valuable home décor items (such as custom fabrics or fine ceramics), consider climate-controlled storage or protective coverings to prevent damage from light, moisture, or pests.

  3. Insurance Updates: Review your insurance policy regularly to ensure that new décor items are covered. Keep your inventory updated as you purchase or replace items.

  4. Preserve Unique Pieces: For custom-made décor or high-value items, consider getting specialized appraisals. This ensures they are accurately insured for their full value.

Wrap-Up: Inventorying Your Home Décor Collection

Home décor items, from fabric pieces and decorative baskets to fireplace accessories, can add significant value to your home. While many items may not hold high individual value, the collective worth of these décor pieces can be substantial. Documenting your décor for an insurance claim can help on your road to recovery and if you can document before an incident even occurs, then updating your policy and recovering in the future will be that much easier.