Before You Start Construction on Your Home Think About Insurance
When it comes to improving your home, it’s very easy to get excited about the new changes you envision for your home, and get those tools out to start hacking away (or hiring someone to do it for you). But wait, stop! There are several things to consider and plan before you start replacing that boring linoleum floor with exotic panda-safe synthetic bamboo. Like what is your realistic budget? How will you qualify the contractor? Have you considered every possible external cost? What about your home’s value? Building permits? Possible changes to insurance?
Imagine a few possibilities where you might regret not talking to your insurance agent before starting your project: You move your furniture into a storage unit while you do the renovations, only to have the storage unit flood. A friend is helping you out with some roof repair and falls off, vowing to sue you in the process. A contractor tears out your wall, only to discover that you’re not really supposed to remove load-bearing walls. Are you covered for these possibilities?
Aside from covering the unexpected, you’ll need to consider how your renovations will affect your home value. With changing values, you’ll want to make sure your coverage is adequate for then new value of your house.
At Harrington Insurance Agency, we’ve been helping customers navigate the waters of home insurance, and can help you with any scenario that might arise. Give us a call and we’ll be happy to walk you through the steps of ensuring you’re protected before you start your big project!