Glendora Home Remodeling Insurance – Have you been thinking of remodeling or renovating your home?
As spring approaches, homeowners often plan projects. Some want new floors. Others wish to update their kitchens or bathrooms. Similarly, some plan on doing the work themselves (with the help of Pinterest). Others plan on hiring contractors. If you are thinking about remodeling, whatever path you take, you must make sure you have adequate coverage. You should confirm your policy will cover your project, home, and content. Furthermore, you must make sure the remodeling doesn’t void your policy.
Glendora Home Remodeling Insurance Agent Must Be Notified
If you are planning on remodeling, here are three reasons to notify your Glendora Home Remodeling Insurance Agent:
- Generally speaking, when one remodels their home the value of their property may increase. Or at the very least, the replacement cost of the structure and content can rise. Accordingly, if you don’t notify your agent about the updates, your existing coverage may not be adequate. Your policy may not cover the replacement value of your home or possessions (i.e. new furniture, appliances, or electronics).
- What happens if your Pinterest ideas turn into Pinterest fails? It happens. With every remodeling project, there is a chance your property may be damaged/destroyed in the process. To protect yourself from repair/rebuilding costs, don’t wait to contact your insurance agent until the project is complete. Rather, contact them before the project starts.
- Who is going to do the work? Are you planning on hiring contractors? If so, before hiring a general contractor, ask to see a copy of their insurance. Look at their workers’ compensation policy, general liability insurance, and their builder’s risk coverage. If they don’t have workers compensation or their coverage is inadequate, they can end up suing you if they are injured on the job. Additionally, if they don’t have general liability, what coverage will cover consequent damages or injuries from negligence or omissions? And what about builder’s risk coverage? This covers damage to your home and the required supplies. To make sure you are protected, contact your agent. Or better yet, contact OAK’s Glendora Home Remodeling Insurance to confirm or increase your liability coverage.
There you have it, the basics of home remodeling insurance. Moreover, to uncover the basics of homeowners insurance, click here.
To learn more about how you can save by increasing your coverage, contact OAK Insurance Solutions.
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