Should You Notify Your Insurer Of Home Improvements?

​Everything is set for your home renovation, but have you told your insurer about it? 

Hold that drill, and don’t call house contractors for now. Make sure you have thought of your home insurance first. 

Suppose you’re wondering why it’s because they have to know the improvements you’re doing at home. But, it does not mean they should know every change you make. 

In this article, you’ll find out the home renovations you need to tell your insurer about. And answer why you need to tell them in the first place. 

What Changes Should You Tell Your Insurer? 
All the renovations that could improve your house value are the changes your insurer should know. These improvements include adding a garage, extending a room and floor, or a basement construction. 

Other constructions such as house structure replacement, pool, deck, and major upgrades are also things your insurer must know.

Meanwhile, if the alterations only include interior design improvements, it’s fine not to notify your insurer. Interior design change examples are wall painting, re-tiling, and shelf attachment. 

Why Tell The Insurer About The Changes?
As previously mentioned, home improvements could raise the value of your house or property. And, you know that home insurance policies must provide financial repair assistance if your house suffers damage or loss. 

So home improvements without notifying your insurer could lead to your house losing the full coverage. Meaning, that instead of previously having full coverage on repair, you must get half or none at all. 

Therefore, you must talk with your UG Insurance Brokerage Inc agent and check if you need a policy upgrade. This action will spare you the hassle and stress in the future. Your premium might also be more expensive after these improvements, but it’s better than not having security. 

Conclusion
With all that said, notifying UG Insurance Brokerage Inc, which handles your policy regarding home alterations, favors you completely. So in the event of an unfortunate disaster that might cause damage to your house, you’re sure everything’s covered. 

You don’t want your newly improved home not to have protection, so call your insurer before your groundbreaking. 

At UG Insurance Brokerage Inc, we aim to provide comprehensive insurance policies that make your life easier. We want to help you get insurance that fits your needs. You can get more information about our products and services by calling our agency at (718) 848-7777. Get your free quote today by CLICKING HERE. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!