If you’re planning on updating your home, it is essential to make sure you have adequate homeowners insurance in place before the work crew shows up. So, before construction begins and the dust flies, let the insurance professionals at Gill Insurance Agency can help you determine the coverage you will need while renovating a property in the greater Plainfield, IN area.
Important Insurance Considerations for Home Renovations
Depending upon the type of renovation, you may need to adjust these aspects of your homeowner’s insurance coverage –
- Update the overall policy limits should your planned renovation include upgraded appliances or an addition. This ensures that you will have sufficient insurance coverage to protect the new and improved version of the property.
- Update the limits of the homeowner’s policy regarding medical expenses coverage. This is especially important if a friend/family member does the renovation – because you may be liable for medical expenses for those injured on your property who are not family members or professionals who carry their own professional insurance.
Increasing the medical expense limit on your homeowner’s insurance policy will cover the medical bills for any injuries that may happen – on the insured property – to a person who is not a family member or resident of the home.
- Make sure your personal property insurance coverage will suffice. Remember, during construction, things happen – something breaks or appears to have disappeared without your knowledge. Make sure you maintain sufficient personal property insurance for essential property that may include –
- Furniture
- Appliances
- Electronics
- Clothing.
Reach Out To Us!
Still have questions or concerns about the homeowner’s coverage when planning a renovation project in and around Plainfield, IN? Give our insurance professionals at Gill Insurance Agency a call today.
