1. Agreement
These Terms are a contract between you and OwnWorth, LLC, a Texas limited liability company ("OwnWorth," "we," "us"). They cover the OwnWorth apps and the ownworth.co website (the "Service"). By creating an account or using the Service, you agree to these Terms, to our Privacy Policy, and to our Acceptable Use Policy, each incorporated by reference. If you don't agree, please don't use the Service.
Heads up: Section 15 contains a binding arbitration agreement and a class-action waiver that affect how disputes are resolved. Please read it. You can opt out of arbitration within 30 days.
2. What OwnWorth is
OwnWorth builds a photo-backed inventory of your belongings, estimates what items are worth using AI, and helps you turn that inventory into useful outputs: insurance documentation you can give your own insurer, donation receipts and a pre-filled IRS Form 8283 worksheet, marketplace listing drafts, and a net-worth total you can send to a budgeting app. The core inventory is free. Paid plans unlock the finished documents and automations.
3. Valuations and generated documents are estimates, not advice
Item identifications, values, dimensions, and the documents we generate are produced by AI from your photos and descriptions. They can be wrong, sometimes significantly. Valuations are estimates of fair-market value, not professional appraisals. Every AI result lands in a review queue for you to confirm or edit. Nothing is finalized without you, and a value you set yourself is never changed by the system. You agree not to treat any valuation as an appraisal or as a statement of insurable value, and to confirm values with a qualified professional before you file a tax return or submit an insurance claim.
Nothing in the Service is financial, tax, legal, or insurance advice. The Service informs, you decide. You are responsible for the accuracy of anything you file, claim, or rely on. In particular:
- Taxes: you're responsible for what you report. The IRS requires a qualified appraisal by a qualified appraiser for noncash charitable donations over $5,000. OwnWorth's estimates do not meet that standard, and we'll remind you in the app when a valuation crosses that line.
- Insurance: OwnWorth generates documentation you can submit to your own insurer. We do not sell, broker, adjust, or refer insurance, and we are not part of any claim. An OwnWorth export is a starting point, not a guarantee of what any insurer will pay.
- Selling: what an item actually sells for is up to the market and the buyer.
Please verify important numbers before you rely on them.
4. AI features
Some features use AI to process and summarize your photos, notes, and voice narration. You understand that AI output is generated by algorithms and models that may not produce the results you expect, and that it is your responsibility to review all output for accuracy, completeness, and usefulness before relying on it. We do not independently verify AI output for quality, and to the extent permitted by law we are not liable for any loss or damage arising from your use of, or reliance on, AI-generated output. If a law in your area requires you to disclose that content was generated using AI (for example, when you post a listing), you are responsible for making that disclosure.
5. Your account and household
Keep your account email accurate. That's how you get sign-in codes. You're responsible for activity under your account. OwnWorth is organized around households: admins have full access, free-plan members are view-only, paid members can edit, and only admins can delete established items. You must be at least 13 to use the Service, and at least 18 to subscribe. A user between 13 and 17 uses the Service with a parent's or guardian's permission, and any subscription for that user is bought by that adult.
6. Your content
You own your photos and inventory data. You grant OwnWorth a limited, non-exclusive license to host, process, and display your content solely to provide the Service, including creating de-identified or aggregated data that does not identify you or your household, for example sending a photo to our AI provider to identify an item, or assembling a PDF export. This license ends when you delete the content or your account, except that residual copies in encrypted backups purge on our normal cycle. You represent that you have the rights to any content you upload, and that it doesn't violate the law or anyone else's rights. OwnWorth does not use your content to train AI models.
7. Subscriptions and billing
Paid plans (Plus and Pro) are auto-renewing subscriptions billed through the Apple App Store, or the Google Play Store on Android. Current pricing is Plus at $49.99/year or $6.99/month and Pro at $149.99/year or $14.99/month, per household, and we may change it on notice. Your subscription renews automatically at the then-current price each period unless you cancel at least 24 hours before the period ends. Before you subscribe, OwnWorth shows you the plan price, the billing period, that the plan renews on its own, and how to cancel, and asks you to agree to those terms. If OwnWorth ever offers an introductory or free-trial plan, it will show the trial length, the price and the date the paid plan begins, and how to cancel before any charge. You can cancel anytime in your App Store or Google Play subscription settings. Cancellation takes effect at the end of the current billing period. Payment is charged to your store account at confirmation of purchase. Apple or Google is the merchant of record, and refunds are handled under their policies. We'll help where we lawfully can. Plans are per household. Free features remain available, some metered by a monthly budget.
8. Marketplace listings and donations
OwnWorth drafts listing copy and can create a listing you initiate on a connected account (for example, eBay). We never auto-publish a listing or a price. You review and confirm first, and you're responsible for the accuracy of your listings, for having the right to sell what you list, and for following each marketplace's rules, including its rules on prohibited or restricted items. OwnWorth is not a party to your sales. We don't handle payment, shipping, or disputes between you and a buyer. Donation receipts document what you report donating. Where a donation pickup partner is involved, that pickup is handled under the partner's own terms.
9. Acceptable use
Your use of the Service is subject to our Acceptable Use Policy, which is part of these Terms. Please read it.
10. Copyright and DMCA
We respect intellectual-property rights and expect users to do the same. If you believe content on the Service infringes your copyright, send a notice to our designated agent with: your signature; identification of the copyrighted work; identification of the allegedly infringing material and where it is; your contact information; a statement of good-faith belief that the use isn't authorized; and a statement, under penalty of perjury, that your notice is accurate and you're authorized to act.
Our designated agent, registered with the U.S. Copyright Office (Registration No. DMCA-1076646), is:
OwnWorth, LLC
311 W. 5th Street, Unit 807
Austin, TX 78701
Phone: (512) 348-6760
Email: dmca@ownworth.co
We'll remove or disable infringing material, notify the affected user, honor valid counter-notices, and terminate repeat infringers where appropriate.
11. Termination
You can delete your account anytime (see the Privacy Policy for how deletion works). We may suspend or terminate accounts that violate these Terms or create risk to the Service or other users. Where reasonable, we'll warn you first and give you a chance to export your data.
12. Disclaimers
The Service is provided "as is" and "as available." To the maximum extent permitted by law, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, title, and non-infringement. We don't warrant that the Service will be uninterrupted or error-free, or that valuations, identifications, dimensions, or generated documents will be accurate. Some jurisdictions don't allow certain warranty disclaimers, so parts of this section may not apply to you, in which case they apply to the maximum extent allowed.
13. Limitation of liability
To the maximum extent permitted by law, OwnWorth is not liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, lost data, or the cost of substitute services, including losses arising from inaccurate valuations, tax outcomes, insurance-claim outcomes, or marketplace transactions. Our total liability for any claim is capped at the greater of $50 or the amount you paid us in the 12 months before the claim.
These limits don't apply to liability that can't be limited under applicable law, for example liability for gross negligence, willful misconduct, fraud or fraudulent misrepresentation, or death or personal injury caused by our negligence. Some jurisdictions don't allow certain limitations, so parts of this section may not apply to you, and nothing here limits any non-waivable rights you have under consumer-protection laws, including the Texas Deceptive Trade Practices Act.
14. Indemnity
To the extent permitted by law, you agree to indemnify and hold OwnWorth harmless from claims, liabilities, costs, and reasonable attorneys' fees arising from your content, your listings or sales, your tax filings, or your breach of these Terms.
15. Dispute resolution: arbitration and class-action waiver
Please read this section carefully. It affects your legal rights.
Informal resolution first. Most issues can be solved quickly. Before starting a formal proceeding, email hello@ownworth.co describing the problem, and we'll try in good faith to resolve it. Both sides agree to try for 30 days before moving forward.
Binding arbitration. If we can't resolve it informally, you and OwnWorth agree that any dispute arising out of or relating to the Service or these Terms will be resolved by final and binding arbitration administered by the American Arbitration Association (AAA) under its Consumer Arbitration Rules, rather than in court, except as noted below. The arbitration will take place in Travis County, Texas, or by video or phone, or in your home county if you're a consumer and request it. The arbitrator can award the same individual relief a court could.
Exceptions. Either party may (a) bring an individual claim in small-claims court, and (b) seek an injunction in court to protect intellectual-property rights. Nothing here forces arbitration of claims that can't be arbitrated under applicable law.
Class-action waiver. You and OwnWorth agree to bring claims only in an individual capacity, not as a plaintiff or class member in any class, collective, consolidated, or representative action. The arbitrator may not consolidate more than one person's claims or preside over any class or representative proceeding. If this waiver is found unenforceable as to a particular claim, that claim, and only that claim, will proceed in court.
Jury-trial waiver. To the extent any dispute proceeds in court rather than arbitration, you and OwnWorth each waive any right to a jury trial.
Your 30-day right to opt out. You can opt out of this arbitration agreement (Section 15) by emailing hello@ownworth.co with the subject line "Arbitration Opt-Out" within 30 days of first accepting these Terms. Opting out won't affect any other part of these Terms, and you'll keep your right to go to court on an individual basis. If 25 or more arbitration demands are filed against OwnWorth by or with the coordination of the same or related counsel, the parties agree those demands will be administered under the AAA Mass Arbitration Supplementary Rules and may proceed in staged batches to manage cost and time.
16. Governing law and venue
These Terms are governed by the laws of the State of Texas, without regard to its conflict-of-laws rules. For any dispute not subject to arbitration, the exclusive venue is the state or federal courts located in Travis County, Texas, and you consent to their jurisdiction, except that this doesn't override any non-waivable right you have to bring a claim in your home jurisdiction under the consumer-protection laws where you live.
17. General
- Entire agreement. These Terms, the Privacy Policy, and the Acceptable Use Policy are the entire agreement between you and OwnWorth about the Service, and replace any prior understandings. They create no third-party beneficiary rights, except that Apple, Inc. is a third-party beneficiary of these Terms and may enforce them, as the App Store requires.
- Severability. If any provision is found unenforceable, the rest stays in effect, and the unenforceable provision will be limited or removed to the minimum extent necessary.
- No waiver. If we don't enforce a provision, that isn't a waiver of our right to enforce it later.
- Assignment. You may not assign these Terms without our consent. We may assign them to an affiliate or in connection with a merger, acquisition, financing, or sale of assets.
- Force majeure. We're not liable for delays or failures caused by events beyond our reasonable control, such as outages of upstream providers, natural events, or government action.
18. Changes to these Terms
If we make material changes, we'll update the effective date and notify you in the app or by email before they take effect. Continued use after that means you accept the updated Terms.
19. Contact
OwnWorth, LLC · hello@ownworth.co