Are you getting ready to renovate your home? The project that you are planning may require some changes to your home insurance policy. Sufficient home insurance coverage will protect you, the contents of your home, your house, and the property that your house sits on.
Material Replacement
Assess the materials within your home that will be replaced during the rehabilitation project. Keep a list that outlines the construction materials to be installed, plus the value of the materials.
Consider the placement details for the materials. Items that will be exposed to the elements could benefit from having additional insurance protection. Home insurance can cover damage or losses from inclement weather and criminal activity.
Safety Concerns
If you will be conducting some of the renovation yourself, you should be aware of the possibility of an injury or damage occurring while the project is underway.
You may want to increase the amount of liability coverage your home insurance provides. By doing so, you will have the insurance protection you need throughout the renovation process. If you encounter any incidents that are deemed to be your fault, your liability protection will cover some of the out-of-pocket costs you are responsible for.
Home Inspection Process
Before the renovation begins, complete a thorough inspection of your home. Make sure your property has the amount of insurance coverage needed to confidently begin the project.
Agent Guidance in Scottsdale, AZ
Are you unsure about the amount of coverage you need for your property? Contact one of our Homeowners Insurance Group agents for further assistance with your policy.