Desmond Insurance Blog
When it comes to renovating your home, some items need to be fixed or updated, and other enhancements boost the visual appeal. Also, you don't want to modify your house, spend thousands, and not have it up to date with the latest trends, so continue reading to learn how you can stay on trend!
Home Improvements and Insurance
While renovating might help you personalize your space or raise the market value of your house, you should think about how these home improvement projects will cause your home insurance coverage limitations and homeowners insurance premiums. So, here are some coverages you need if you're planning to keep up with the trends.
Vacant Home Insurance
If you need to move out while your house is being renovated or remodeled, you should look into unoccupied home insurance. This sometimes ignored home insurance option should cover your home in the event of damage while you are not living in it.
Builders Risk Insurance
This coverage protects supplies ordered for installation, whether on your property or on their way to your property. Builders' risk insurance should pay the expenses of replacements; these materials are destroyed or stolen.
Finally, if you're paying a third party to undertake the improvements for you, this may be essential. Contractors' insurance covers damage to property, injury, and damage done by contractors working on your house.
Renovating your home to make you feel more comfortable and tranquil may greatly improve your overall well-being. However, it will not do the same for you if tragic circumstances occur while waiting for the upgrades to be completed. It is therefore critical to consider what insurance plans you may require.
At Desmond Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (859) 491-5100. You can also request a free quote by CLICKING HERE. Any coverage discussed is not guaranteed. Contact us today to go over your specific needs and we are happy to help you find a policy that works for you and your budget!