March 25, 2021
As the warmer seasons approach, homeowners tend to add home renovations and repairs to their to-do lists. People want to upgrade their kitchens and bathrooms, build decks and sunrooms, and give their home an overall fresh and updated look.
The fun aspects of a renovation, like scrolling through Pinterest for ideas and reading interior design blogs, are underway, but what might not be at the forefront of their minds are their home insurance carriers.
Before starting any home improvement project, you should review your home insurance coverage. Premiums are based on the value of your home and its contents at the time you purchased your policy. Many home improvements boost your home’s value, which means your coverage is no longer adequate and could leave you vulnerable to losses. You could even save money by upgrading your policy as there may be home improvements that can lower the cost.
Some renovation projects may have more of an effect on your insurance coverage while others may not. Here are a few home improvement projects to talk to your agent about:
- Adding a pool
- Expanding your home with an addition
- Upgrading your kitchen or bathroom
- Replacing the roof
- Installing new windows and doors
Check Out Some More Posts Here!
- Eric Posch
- 12 April 2024
Elementor #10669
Commercial Project Q&A with Our CEO Barry L. Mease March 15, 2024 Looking to start a business and need to
- Eric Posch
- 11 April 2024
Transform Your Outdoor Living Space
Transform Your Outdoor Living Space April 11, 2024 Previous slide Next slide As winter draws to a close, we
- Eric Posch
- 26 January 2024
2024 Commercial Q&A
Commercial Project Q&A with Our CEO Barry L. Mease March 15, 2024 Looking to start a business and need to
- Brian Singer
- 16 February 2023
How Are You Funding Your Investment?
How Are You Funding Your Investment? February 16, 2023 Planning a residential project is exciting! At the outset your mind
- Brian Singer
- 20 January 2023
Overcoming Economic Trends: 2023
Overcoming Economic Trends: 2023 January 20, 2023 As 2023 settles itself into late January, we should be vigilant about some