Remodeling Your Home? Check Your Insurance

project of construction and renovation house

National Home Remolding Month

May is National Home Remolding Month, which is the perfect time to consider making some updates to your house to make it a little more comfortable. Along with choosing the right wall colors and tile designs, it is important to make sure that you know how to protect your home during the renovation process. Keep these home renovation insurance tips in mind to protect your home during construction.

  • Let your insurance agent know about your plans – before you pick up any tools, make sure that your insurance agent knows what you are doing. They will be able to let you know exactly how much extra property coverage you will need, and can help extend your liability insurance.
  • Increase your coverage – when you remodel your home, it typically means that the value of your home will also increase, which means your existing coverage will not be enough protection. Do not wait until the remodeling process is over before you increase your coverage. Before the work even starts, you should increase your coverage. Depending on the changes that you are making to your home, you may need to increase it again when the project is over.
  • Check your contractor’s insurance – when you allow a contractor to do work on your house, you open the door to a possible lawsuit if someone is injured on the job. Make sure that your contractor has enough worker’s compensation coverage to protect anyone who will be working at your home. Ask for proof of their policy, and check to make sure that it is not expired.

For all of your homeowners insurance needs when remodeling your house, contact the insurance professionals at Idaho Insurance / Affordable Insurance in Caldwell, Idaho. WE will work with you to make sure that you have the coverage that you deserve, all at the right price.

 

Get a Quote or call for a quote at 208-459-0070