The Coverage Question to Ask Before You Sign a Home Renovation Contract

A renovation contract tells you what the contractor plans to build. It does not necessarily tell you what your insurance needs to know. Before signing, ask one important question: “Will this project change my insurance coverage?”

A major addition, finished basement, new kitchen, upgraded roof, or other improvement can increase the cost to rebuild your home. That means your existing coverage may need to be reviewed before work begins.

There is also the question of the contractor. Ask whether the contractor carries appropriate insurance and whether subcontractors are covered under their arrangements. You want to understand who is responsible if something goes wrong during the project.

Do not wait until the final nail is in place to think about insurance. 🔨

Planning a renovation? Talk with Agent Bill Schmauch from State Farm Insurance before the work starts. A quick conversation can help you understand what needs to be updated and what questions to ask your contractor. 👨‍💼


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