Most homeowners don’t keep their home looking exactly the same throughout their time living there. Many even purchase a home with the intent of renovating it soon after. However, this raises an important question: If you make changes to your home, could it affect your insurance policy? What should you inform your policy provider about, and what changes might not present any issues? Here’s what you need to know about customizations, how they impact your home insurance policy, and when to alert your provider. When you’re ready to start shopping for home insurance, Sump Insurance in Clarinda, IA is here to help!
When Should I Notify My Home Insurance Provider About Customizations?
The general rule of thumb is to notify your home insurance provider if the customization is major. Minor updates, such as adding a backsplash to your kitchen or creating an accent wall, typically won’t require notification. However, larger renovations—like installing a swimming pool in your backyard or adding a sunroom—should be reported. These types of changes can increase the value of your home and introduce greater risks, which may impact your home insurance policy.
Major renovations can impact your coverage, and failing to notify your provider could result in complications, such as claim denials or even the loss of your insurance. Keeping your home insurance provider informed ensures your policy remains up-to-date and avoids issues down the road.
Find Your Home Insurance Policy With Sump Insurance
Are you struggling to find the right home insurance? Spending too much time comparing quotes on your own? At Sump Insurance in Clarinda, IA, we simplify the process by helping you compare quotes in one convenient place. Contact us today to start shopping for your ideal home insurance policy!
