Home Insurance Considerations When You Are Renovating Your Home

Congratulations Are In Order!

Compass Insurance heartily congratulates you on your accomplishment. Serving Centennial CO and the surrounding areas, we understand the level of effort that goes into securing funds for home improvement currently. Whether you are renovating the home with funds you have saved over time or you have secured a home loan for the purpose of renovation, it is no easy feat.  

The value of your home will increase with a good renovation so the amount of your home insurance coverage protection should increase as well. Here is a short list of some major renovations that will increase the value of your home.

  • Adding a Brand New Kitchen – updating your kitchen with new appliances, flooring, windows or any other renovation will dramatically increase the value of your home. 
  • Adding an Extension or Converting Existing Non-Usable Space Into Living Space – If you are increasing the square footage of your home you are definitely adding real estate and real value to your home. This includes finishing basements with bedrooms and bathrooms and new living spaces. Some homeowners add rooms onto higher levels of their homes. 
  • Adding a deck or other types of outdoor living spaces. Using professionals and higher quality products when it comes to your home improvement projects will ensure you are getting the most value in your renovations. 

To maximize the new added value to your home most effectively contact your agent at Compass Insurance to discuss what projects you have in mind. Many homeowners that reside nearby in Centennial CO do not use the resource that they have in an agency just to pick up the phone or to stop in and discuss home insurance details and options. That is the advantage in having a professional in your corner.