Your home belongs to you. You don’t need an insurance agent’s permission to renovate it. However, it’s always a good idea to talk to your insurer about potential renovation plans in advance. Insurance agencies can raise rates or even cancel your policy if you make certain changes to your property.

Which Renovations Affect Your Home Insurance Policy?

Pooler, GA, homeowners who want to paint the house or put in new kitchen cabinets don’t usually need to bother informing insurance about the changes. However, it’s important to tell your insurer about any changes that affect the home’s value. A new appraisal will need to be done, so your coverage can be updated to reflect the new reality. 

You should also tell your insurer about changes that affect liability coverage. "Attractive nuisances" such as a new pool, trampoline, or deck may increase your liability premiums, but you have to tell your insurance agent about them, or your policy can deny compensation for incidents involving these renovations. On the flip side, renovations that make your home safer than before (i.e., the installation of a new fire alarm system) can lower your liability insurance costs.

You also need to notify your insurer about any work that requires a permit. Furthermore, you need to show the permit and make sure a licensed professional does the work. DIY jobs may cost you home insurance coverage. 

Call TruePoint Insurance for More Information

TruePoint Insurance serves homeowners in and around Pooler, GA. We’re always happy to offer insurance-related advice and great policy deals. Call us today if you have questions or would like to request policy quotes.