What should I know about how renovations affect my insurance?
Renovations can impact your insurance in several ways. First, they may increase your home’s value, so updating your policy is crucial. Also, certain changes might require special coverage, like home additions or pools. Always inform your insurer about changes to avoid claims issues. Regularly review your policy!
Ice-Dams: Glass tiles cut ice dams vs. asphalt/metal. Heat cables for bad cases; insulation/ventilation best. Wall Removal: Check if load-bearing (engineer), utilities, permits, asbestos/lead. Non-load-bearing easier; beam for load-bearing.
Renovations & Insurance: Inform insurer pre-renovation. Updates may raise premiums/coverage. Contractor needs liability. Keep records.