5 Times Your Homeowners Insurance Needs an Upgrade
5 Times Your Homeowners Insurance Needs an Upgrade
Your homeowners insurance policy should be reviewed annually, but there are also specific times when you may need to upgrade your coverage. Here are five times when you should consider doing so:
- When you add an outbuilding. An outbuilding, such as a shed or garage, can increase the value of your property and may require additional insurance coverage.
- When you build an addition. Adding square footage to your home can also increase its value and may require a higher level of insurance coverage.
- When you make a significant remodel. A major remodel, such as replacing the roof or windows, can also increase the value of your home and may require additional insurance coverage.
- When you add recreational equipment. Items such as swimming pools and trampolines can increase the liability risks of your homeowners insurance policy and may require additional coverage.
- When you add safety and security equipment. Installing security cameras or alarms can reduce your risk of theft and may qualify you for a discount on your homeowners insurance premium.
If you have made any of the changes listed above, or it has been more than a year since you reviewed your homeowners insurance policy, it is a good idea to contact your insurance agent to discuss your coverage needs. They can help you determine if you need to upgrade your policy and recommend the best coverage for your home and family.
Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder
Search All Blogs
Read More Blogs
Mid-Year Financial Reviews and Family Security
Utilize the steady pace of mid-September to evaluate your life insurance coverage, assess income replacement needs, and safeguard your household’s financial future.
Managing Mid-September Traffic Density and Vehicle Readiness
Navigate increased September traffic and shifting roadway conditions by optimizing your auto insurance policy and ensuring peak mechanical vehicle readiness.
Post-Labor Day Property Maintenance and Autumn Preparation
Transition your property protection into mid-September by addressing post-summer wear, clearing drainage systems, and verifying adequate replacement cost coverage.
Embracing National Preparedness and Lifestyle Resilience in September
This article explores how to build personal and household resilience through National Preparedness Month strategies and nutritional grounding as summer transitions to fall.
Safeguarding Commercial Continuity as Autumn Begins
Business owners can ensure seamless fourth-quarter preparations by auditing workers’ compensation, property policies, and liability frameworks as September begins.
Honoring Labor Day Through Long-Term Family Protection
Discover how life insurance acts as the ultimate guarantor of your daily labor, providing essential financial continuity, debt neutralization, and protection for loved ones as autumn approaches.
Fortifying Your Dwelling for the Autumn Transition
This guide explores how homeowners can protect their properties against seasonal risks through proactive gutter maintenance, roof inspections, and updated replacement cost coverage as the calendar shifts to September.
National Aviation Day and the History of Flight
Celebrate National Aviation Day by exploring the history of flight and how early aviation pioneered modern risk management principles.
Commercial Readiness for the Q4 Rush
Prepare your business for the high-stakes fourth quarter by auditing commercial property, liability, and cyber insurance portfolios.
The Late-Summer Financial Reset
Conduct a mid-to-late-year financial reset to update your life insurance coverage, review beneficiary designations, and secure your family’s future