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Home renovations that can affect your insurance



Renovating your home can improve your living environment and increase the value of your property. Home renovations can be chaotic at first, with debris from demolition piling up. While looking forward to an improved home environment, you need to be aware of certain types of home renovations that may affect your insurance coverage.

Pooler

A pool can significantly increase the value of your home and provide months of enjoyment for friends and family – but the construction process can pose a risk to others who visit your property. While a regular homeowner’s policy provides some liability protection, you may need to increase your liability coverage with a personal insurance policy when installing a pool.

Addition

It may be time to add an office, a “grandma̵

7;s apartment” or increase the size of the interior of your home. In addition, when completed, it can increase the value of your home but pose different risks to others who visit your property. The interior can be a construction zone, filled with nails, screws, wood and dangers to walk. Should another person stumble and fall or suffer some type of damage to your property, the last thing you need to do is deal with the financial losses of a claim. Make sure you have adequate coverage if you are planning to expand your home, and a personal insurance policy adds another layer of protection you need the most.

Kitchen renovations

Your kitchen is the heart of your home, and if you choose to redo it increases the value of your property. The process of rebuilding a kitchen includes upgrading plumbing, electricity, fixtures and fittings and installing new appliances, along with updating floors, benches, lighting and cabinets. During the renovation, the kitchen area is a risk zone. Make sure you have enough liability insurance during the renovation, and a personal insurance is often the perfect option.

New roof

A standard roof has a lifespan of about 25 years. Eventually it needs to be replaced. The roofing process is noisy, disruptive and depending on the condition of the roof and the size of your home, it can take days or weeks to complete. Although a professional roofer will be as careful as possible, the risk of wood, tools or tiles falling down risks damaging visitors to your property, and you need to make sure you have coverage to protect yourself from the financial losses in in connection with a personal injury claim or trial.

Home renovation and insurance coverage

When planning to renovate your home, whether it is a major or minor project, talk to a local insurance agent to ensure you are covered during construction. Whether you’ve bought a new property and are upgrading it or improving your home by renovating or remodeling, do not forget to see an insurance agent to make sure you have enough liability protection to protect you in the event of an accident on your property – without With the right insurance, you can suffer serious financial losses.


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