Home remodels, upgrades, expansions, landscaping, installing a swimming pool, or adding a fire pit for backyard barbecues are all exciting ways to enhance your home and enjoy it even more.
Before starting a project like this, it’s wise to consult with your agent at Roberts Family Insurance in Friendswood, TX, for help with coverage during the project and guidance on updating your home’s value once it’s complete. Here are a few tips to follow.
Save Your Receipts
In any remodeling or construction project, expenses add up quickly, and even small purchases can add up to a significant total by the end. Saving receipts for every expense helps establish the full value of the project once it’s finished.
Check the Insurance for All Contractors and Subcontractors
Don’t allow work to begin until you’ve done your due diligence on the companies and workers you plan to hire. Confirm that your contractor, along with any subcontractors, is licensed and in good standing, bonded, and properly insured.
Follow Current Building Codes
Make sure your contractor follows current building codes and secures the proper permits. Work completed without permits or outside of code may not be insurable through your home insurance company. In some cases, you may also need to bring older parts of your home up to current code to obtain permit approval for the new project.
Staging Your Insurance Coverage Increases
Work with your insurance agent to stage coverage increases in step with the project’s progress. If you carry replacement cost coverage, be sure to include any building materials delivered to the site for future use on the project as well.
Reach out to us at Roberts Family Insurance in Friendswood, TX. We can help with all your home insurance needs.
