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How Home Renovations Can Affect Your Homeowners Insurance Policy

TGS

When taking on new home renovations, your homeowners insurance policy might not be the first thing on your mind. Whether it’s a big project involving reconstruction of part of your home, or a small project that will increase the value of your home or personal property, your renovation will affect your homeowners insurance.

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How to Read Homeowners Insurance Quotes

TGS

To feel confident in your policy before you sign, make sure you understand how to read a homeowners insurance quote. You only pay when purchasing the policy. Policy Number 3. Policy Period 5. Deductibles 8. Policy Number If you ever need to file a claim, this policy number is what you will use.

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Does Homeowners Insurance Cover Collectibles? 

Distinguished

Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies. Avid collectors who rely on their homeowner’s policy are likely to encounter low coverage limits — if their collectibles are covered at all. For most, this will mean a collectibles policy.

Insurer 52
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Blog Post: New York Expands Tenant Rights

LexisNexis

Read now » Related Content Rent Control & Low-Income Housing Tax Incentives State Law Survey Explore this content for rent control mandates and prohibitions, and tax incentives (such as credits, deductions, and exemptions, for low-income housing) in all 50 U.S. states, the District of Columbia, Guam, Puerto Rico, and the U.S.

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South Carolina Wind Pool Insurance Explained

TGS

This will include dwelling structure, personal property, loss of use, and increased rebuilding costs. With replacement cost coverage, a flood policy must also be active at the time of the damage, or else there will be actual cash value coverage. Your property must not be used for illegal or immoral purposes.

Insurer 52