Homeowner’s insurance protects you from suffering a massive loss when theft, natural disasters, or other situations involving damaged or missing property occur. However, many home remodeling projects can also help safeguard your home, such as removing a risky tree. Some remodeling projects may involve theft or be done incorrectly. Will your homeowner’s insurance help you out?
Standard Coverage
Standard coverage doesn’t cover home remodeling projects, including preventative maintenance like removing a risky tree. However, homeowner’s insurance will usually help you remove the tree if it falls on your house or another covered structure.
Most policies don’t reimburse you for materials or for hiring a contractor. However, you can always double-check with an agent at Atkinson Casey Agency.
However, some policies will cover specific situations. For example, if theft is covered in your policy, and a contractor steals from you, homeowner’s insurance will help you. Likewise, homeowner’s insurance may cover lawsuits if someone on the job sues you.
Remodeling After Natural Disasters
Many homeowners in Monroe, GA choose to remodel after natural disasters. This can be tricky when working with a homeowner’s insurance company. How much your policy reimburses you often depends on the fine print.
Flood insurance typically covers the cost of water removal and cleanup. It may help cover the cost of new cabinets and other items lost due to water damage, which can help you remodel your kitchen. However, the policy typically won’t cover anything that isn’t damaged or exceeds policy limits.
We understand how exciting it can be to watch your dream home take shape slowly, or that you may want to remodel after a natural disaster. Always speak with a professional agent at Atkinson Casey Agency to ensure you understand your coverage. Contact us to learn more about our insurance options today! We’re currently serving the Monroe, GA area.
