Home insurance tips for newcomers
Home ownership is something we all dream of, and when that dream comes true it is important to protect it with home insurance.
Any type of damage to your home can be emotionally and financially devastating, no matter your home’s shape or size.
Proper homeowners’ insurance can help provide you peace of mind in knowing that if the unspeakable should happen, your home and belongings are protected.
Which is why, whether your home is a fixer upper or is simply due for an upgrade, it’s important to ensure your home insurance will continue to adequately protect your home and any improvements you make.
Upon completing your home improvement project, it is a good idea to have your insurance agent perform a home insurance reassessment or home renovation insurance upgrade to re-evaluate your home to ensure that the replacement value is correctly and officially documented.
Neglecting to keep your home insurance up-to-date can put you at risk in the event of a claim.
So, if you’ve made improvements to your home, don't leave things to chance.
Regardless of how big or small the upgrade you’ve made is, it’s important to have the right homeowners’ insurance for those unexpected moments.
For example, if you have installed a pool you’ll want to increase your liability coverage, or if you’ve remodeled a room for a home-based business you'll need specialized home business insurance to cover your unique situation. And, the first step to ensuring all your bases are covered is contacting your home insurance provider. One quick call to your agent for an assessment of your home and its contents could make all the difference.
– The Co-operators
Posted: Apr 30, 2014