When remodeling in Astoria, OR, there are little projects and there are big projects. You know that you should probably pick up the phone and call your provider when building a whole new bedroom or redoing the kitchen from the ground up. But do you need to call them every single time you install a new sink or window?
What Are You Willing To Risk?
Ultimately, the question of when to call your insurer comes down to how much value you’re willing to leave uninsured. For most minor home improvements, you’re not required to tell your insurer, but if you put five thousand dollars of new fixtures into your home, and then your home burns down, that’s five thousand dollars you’re not going to get from your insurance provider.
Our advice: Anything you can’t replace with the cash in your wallet, you should probably tell your insurance agent about it.
The value threshold may vary from homeowner to homeowner. You might not be worried about a five hundred dollar bathtub, where someone else will want to ensure that those fifty dollar drapes are covered.
So really it comes down to peace of mind. That’s what we’re really buying when we call Linda Dugan Insurance about a home insurance policy, and if you’re not reappraising your home whenever it improves in value, then you’re leaving a lot of peace of mind unclaimed.
In short, your insurer needs to know when you’re doing major renovations. But you need your insurer to know when you’re doing minor renovations.
If you’re looking to get covered in Astoria, OR or if you have any questions, call Linda Dugan Insurance and see what they can do for you.