Remodeling? Time to call your insurance company

19685244_SAre you planning on doing some home remodeling? You’re not alone. Many Americans this year are planning a variety of interior and exterior improvement projects, from minor cosmetic changes to major overhauls. Whether you’re getting that new kitchen you’ve always wanted or investing in a new roof, making a call to your insurance company before work begins is always a good idea. Here’s why:

You want to make sure you’re covered during construction. Whether you’re doing the work yourself or having someone else do it, chances are you’ll be temporarily storing some expensive materials such as tile, wood flooring and granite, along with equipment. Your insurance company can help you determine whether you’re adequately insured while work is being done. You’ll want to make sure, of course, that any contractors who work in your home are adequately bonded and insured.

You want to make sure you have the right coverage after your project is completed. If the cost to rebuild your home has changed substantially after remodeling, you’ll want to adjust your coverage. If you added a feature such as a swimming pool or hot tub, you may want to increase your liability coverage or consider purchasing an umbrella policy. Depending on the upgrades, you may even be eligible for a discount.

Remember, it’s always a good idea to keep all receipts and contracts and take photos or video of the work being done and what your home looks like after it’s finished. Questions? Give us a call. We are glad to help.

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