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
Search All Blogs
Read More Blogs
Step Back in Time: 7 Small Towns with Unique American Atmospheres
Discover America’s most atmospherically unique small towns.
Beyond the Bar: Customer Service Lessons from the Best Bartenders
Unlock customer service secrets from your favorite bartender.
Your Safety Net Has a Safety Net: Understanding the Life Insurance “Free Look” Period
Discover your life insurance policy’s “free look” period.
From Edsel to Yugo: Three Automotive Flops That Made History
The biggest blunders in automotive history.
Stay or Go? Why Improving Your Current Home Might Be Your Best Move Yet
Love your home, don’t leave it! Discover why improving beats moving.
The Unforgettable Eight: Women Who Captured Our Hearts
Meet the eight women who are loved by all.
Elevate Your Enterprise: 11 Smart Ways to Boost Business Professionalism
Boost your business’s professionalism without breaking the bank.
Lightening the Load: A Guide to Decluttering for Your Loved Ones
Declutter for peace of mind, yours and theirs.
Smart Car Buying: Beyond the Sticker Price
Unlock the hidden costs of car ownership.
6 Simple Steps to Supercharge Your Home Security
Simple, affordable ways to protect your home.