Residential upgrades you choose to undertake may impact the amount of insurance coverage your home requires. Consider the following upgrades as a guide when planning modifications to your insurance policy.

Structural Upgrades

Structural upgrades encompass new flooring, walls, windows, and the accessories needed to complete a home renovation project. If you’re considering the addition of structural materials, think about the potential risk of these materials being stolen, vandalized, or damaged by a natural disaster.

Having adequate insurance coverage will enable you to replace new materials or repair those that an unforeseen event has damaged.

Outdoor Additions

A new deck, patio, or landscaping features could qualify you for additional residential protection. Any valuable additions can be added to your home insurance policy. An assessment of the financial and use value of each addition will help you identify which additions to seek home insurance coverage for.

New Furnishings

New furnishings could significantly increase the value of your assets. Your home insurance policy can cover any furnishings installed indoors or outdoors.

Add-on protection won’t cover normal wear and tear. However, it will cover each insured piece of furniture from unforeseen theft, vandalism, and damage. An inspection of each piece of furniture you plan on investing in will help you decide how much coverage to add to your existing homeowner’s insurance policy.

Additional Support for Your Policy

Now that you have reviewed some insurance coverage variables, you may need additional support. Take the time to contact one of our Capretta Insurance Agency representatives. An insurance agent who serves the Parma, OH area will schedule a time to meet with you and discuss the add-on protection you have selected.