Home Inventory Software can be one of the most important pieces of software that you have ever owned. Using it, you can record every item you own and store the results on the cloud or some other offsite place, so that if you have a fire or a flood, you can lose all of your possessions and then still be able to go to your insurance company with a list of your belongings.It is very rare that an insurance company gets all of that information, but it can be very helpful in you getting full value for what you lost.