Does Your Home Insurance Cover Renovations?

Does Your Home Insurance Cover Renovations?

Your real estate property’s size, condition, overall value, and maintenance costs determine the kind of homeowners insurance you get. However, the monetary figures involving all those aspects can change over time, especially if you decide to expand or renovate your home. Is there home insurance for renovations? The simple answer is yes; most standard coverage policies allow claims for home improvement expenses. Nevertheless, you still need to check with your provider to go through the specific projects covered. Checking with your agent lets you know how much coverage you’ll use, avoiding underinsurance, which can leave you vulnerable to unexpected incidents. It is also essential to determine if your current liability […]