If you live in the greater Port Jervis, NY area, you can count on the local team here at the Worthington Carroll Agency. We’re proud to serve the insurance needs of our community and look forward to working with you, too. Contact us today to learn more about the ways that a major renovation project can affect your home insurance needs.
Major Improvement Projects Can Affect Your Insurance Needs
As more people make the decision to stay in their homes for longer periods of time, the number of homeowners making improvements to their properties continues to grow. However, some people overlook the need to review their home policies before starting a major remodeling project.
If you’re updating your kitchen or bathrooms or building an addition to your home, it’s important to review your home policy before any work gets started. This can help you avoid a situation where you don’t have the protection you need. As you improve your property, its value will increase. And, as you spend more time in your home, the equity you have will also increase. Add to this the general home value increases that happen over time, and you’ll likely need a higher level of coverage.
Liability protection is also a concern during the project. You’ll want to be sure that any contractors working on your property have their own liability protection in addition to your home policy providing adequate coverage.
Call or stop by today to learn more!
Worthington Carroll Agency is here for the residents of the Port Jervis, NY area. If you have questions about your home policy or any other type of insurance, we’re here to help. Give us a call or stop by today to learn more about our services.
