Home Remodel Plans? Why you Need to Let your Insurance Agent Know

It is a new year and you decide it is time to update and remodel your home. However, before you sign the contract with the contractor or run to the hardware store for your do-it-yourself tools, take time to speak with your insurance agent. Ensure that your current policy will cover the new additions and remodeling projects. If it does not, make the necessary changes and update your policy.

You risk extra out-of-pocket expenses if you choose to start the remodel prior to updating your insurance policy. For example, if you are adding a room to your home and it catches fire you will not be able to file a claim against your homeowners insurance policy. Why? Because that section of the house is not listed in your original policy. By updating the policy before starting construction, you ensure the new space will be covered if anything happens during and after the home remodel.

Also, inquire about coverage of injuries for those working on your home remodel project. Many contractors and subcontractors have their own injury insurance. However, you need to be protected against any costs should someone working on your home become injured. Check with your insurance agent to ensure those working on your home remodel project are covered. This includes any friends and family helping you with your do-it-yourself projects.

For more information about all of your home owners insurance needs in the Palm Desert area contact Desert Empire Insurance today.