Homeowners should always look at their insurance policies as a work in progress. With every major change in life — you need to update your coverage. Should you fail to make these critical changes, you could be left without the right level of protection. Learn about some of the life events that require an update.
Performing Home Renovations
A significant renovation adds to the overall value of a home. Whether it’s a new bathroom addition or a kitchen update, the fact remains the same. Whenever the value of your home increases, the coverage limit of your policy should also increase. If you’re unsure if your property update requires a policy change, a professional at Kale Insurance can help you determine if it’s necessary.
Making Big Ticket Purchases
Homeowners’ insurance policies offer two-fold coverage in that they protect the structure of your home, as well as your personal belongings. To ensure the coverage limits of your household goods, you should consider increasing the policy whenever you buy big-ticket items, such as new appliances, expensive furniture, or high-value electronics.
Lincoln, NC is a great place to raise a family. When you add to your family, you want to contact an insurance agent to update your coverage to ensure your child’s name is listed on the policy. Additionally, should you add a pet to the family, you may need to update your coverage to ensure you have ample liability coverage.
Follow these tips to ensure your home is protected, no matter what changes life brings. Contact Kale Insurance for all your policy needs. We’re happy to assist Lincoln, NC homeowners like you.