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Homeowners Insurance & Home Improvements



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Spring will soon and with it the desire to start home improvement projects. Whether you are planning to do it yourself or hiring a contractor, home improvements can enhance your home appealing, protect you from the elements and make your home more enjoyable. Bogle Agency Insurance has always been ready to discuss ways to balance homeowners insurance and home improvements for their NJ clients.

Even small home improvement projects can increase the value of your home. Never underestimate the appeal of any upgrades to your home's appearance and general condition. With this comes added value. Let your insurance agent know if you plan to improve your home so you can discuss raising homeowners' insurance coverage.

As Your Home Value Increases, Your Protection Should Increase

As you make improvements to your home and the value of your home increases, you should consider increasing the coverage for your Homeowners Insurance . This type of insurance is meant to cover damage to your home due to unexpected events such as floods, fires, lightning strikes, etc. When you upgrade your home, your insurance should cover the increased value. Without an increase in your homeowner's insurance, you can receive a smaller payment in the event of a total loss.

Do small projects increase the value of my home?

You may feel that you are only making a small improvement and that it does not affect the value of your home. Not always true – depending on your location, small improvements can be important for potential buyers. This means that the total value of your home can increase based on the local market.

Increased value is not the only reason why you should contact your insurance agent. The installation of a pool can, for example, increase the risk factor. Even if you put in a pool, you can increase the value of your home, but it also increases the risk of liability. Increasing your home's liability insurance is a good idea.

Does home improvement always increase the cost for homeowners?

Not necessarily, and that's why it's important to discuss home improvements with your insurance agent. An experienced and knowledgeable agent like Bogle Agency Insurance is always available to advise you on what changes will save money, increase the value of your home and reduce liability. A new roof or heating system can help lower your insurance premium, while building a supplement can increase your premium.

For Further Good Advice Call Experts

Call Bogle Agency Insurance today when planning future home improvements. We have been helping homeowners in New Jersey for many years to improve insurance coverage while increasing their home values. Our goal is to save money, provide the best coverage and increase the value of your home. We can be reached at (201) 939-1076.

Bogle Agency Insurance also has experience in discussing Business Insurance Health Insurance Life Insurance Car Insurance Umbrella Insurance and other coverage you may need.


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