Home renovations can significantly improve the value and comfort of your home. However, they can also have an impact on your home insurance. At Rodgers and Co Ins. Agency, Inc., we believe Ohio homeowners should understand how renovations can affect their insurance coverage.
Increased Home Value
Major renovations like kitchen or bathroom upgrades, room additions, or installing a pool can increase your home’s value. This means the existing coverage might not be enough to rebuild your home in case of a total loss. You may need to adjust your policy to reflect the new value of your home.
Liability Risks
Some renovations, like adding a swimming pool or a trampoline, can increase liability risks. If someone gets injured using these features, you could be held responsible. Your existing liability coverage might not be sufficient to cover these new risks.
Construction Risks
During construction, your home could be at risk of damage or theft. It’s important to check whether your policy covers these risks or if you need additional coverage.
How Rodgers and Co Ins. Agency, Inc. Can Help
At Rodgers and Co Ins. Agency, Inc. in Ohio, we can help you understand how your home renovations impact your insurance needs. We can guide you in adjusting your policy to ensure your home remains fully protected.
Secure Your Renovated Home Today
Don’t let home renovations leave you underinsured. Contact Rodgers and Co Ins. Agency, Inc. today to ensure your home insurance keeps pace with your home’s value and risks in Ohio.