5 Insurance Tips for Home Remodeling
Posted on Thu, Jul 28, 2011
Things to keep in mind as you renovate, remodel, or add onto your home:
- Keep your home insurance agent informed about your remodeling plans. Your agent can help you sort out coverage needs.
- Know who is responsible for uninstalled appliances and other items, such as carpets and cabinets, in advance. Your contractor's insurance should cover these items.
- If you are concerned about medical bills should a family member or friend be injured while helping out with the renovations, a personal liability umbrella policy can pick up the bills where your home insurance policy leaves off.
- If you're hiring a contractor, check with the Better Business Bureau and follow up on references. Ask for proof of workers compensation and contractor's liability insurance.
- Having people you don't know working in your home can increase the risk of theft. It makes sense to protect any valuable personal property.
Source: Independent Insurance Agents of America