When it comes to improve your home or a full blown remodel or a do-it-yourself project, can save you money on your annual premiums, you may qualify for a reduced premium because your house is at a reduced risk for theft.
Having adequate insurance company your customers and provides them with confidence in your contracting work not only protects your business, personal assets and employee when decision is made to hire you.
The difference of Repair and Improvement
There are big different among them, home repair include maintenance performed that is associated with the upkeep of the house rather than increasing the home value. Home improvements means add value to the home. You may be allowed to deduct those costs depending upon the type of property it is.
Here are several tips to consider for home improvement insurance:
1. Protect your dwelling
Your rebuilding costs will charge if you have recently remodeled or added an addition to your home. Unless you update your policy, your counter tops, upgraded floors, and cabinets may not be covered. Added square footage needs to be taken into account. You have adequate dwelling coverage by review your insurance policy to make sure.
2. Protect your landscaping
Landscaping is expensive, all those trips to and from the garden center will convince you. Consider a landscaping endorsement If you have invested a small fortune in your landscaping. To 5% of the dwelling limit should be limited for landscaping and trees.
3. Fire discounts
Let your insurance company know if you recently replaced your wooden shake roof with a fire-resistance concrete tile roof. A decreased premium may be qualified by you. Replacing wood siding with fire-resistant siding will be gone the same. For further discounts, there are several addition, such as fire sprinklers, smoke detector installation, and other safety devices.