Renovating your home in Williamston, MI can be exciting, but there are things you need to do to make sure your insurance is up to date.
The first thing you should do is notify your agent at CG Insurance Agency LLC. Since your home insurance covers the cost to rebuild your home, and your home renovations can increase that cost, you need to up your coverage. It would help if you let your agent know before you start renovations to make sure you are covered during the process as well.
If your home is going to be vacant during renovations, then you also want to make sure you have coverage since standard policies will exclude losses for a home that is vacant for more than 60 days. You may want to customize your vacant home policy to protect you from other problems, such as liability or coverage for maintenance equipment.
Renovations may also give you a discount. You may want to safeguard your home against fires by installing a home sprinkler system, fire alarms, and smoke detectors in every room. You can upgrade your roof to minimize damage from high winds, flying debris, and hail. You can protect your home from theft by using deadbolts and installing a burglar alarm. If you live in a storm area, then install storm shutters and use impact-resistant glass on your exterior windows. Some renovations can also increase your home insurance premiums, such as adding a pool or expanding your space. With a pool, you want to add extra liability insurance, and with expanding your space, you need to know how the new space alters the value of your home.
Don’t forget to check to make sure your contractor has his or her own liability and workers’ compensation insurance for added protection.
Contact CG Insurance Agency LLC in Williamston, MI to get a quote on home insurance.