{"id":85,"date":"2025-02-28T04:00:00","date_gmt":"2025-02-28T10:00:00","guid":{"rendered":"https:\/\/www.lmifs.com\/blog\/?p=85"},"modified":"2025-02-23T22:02:01","modified_gmt":"2025-02-24T04:02:01","slug":"how-does-remodeling-affect-my-home-insurance","status":"publish","type":"post","link":"https:\/\/www.lmifs.com\/blog\/how-does-remodeling-affect-my-home-insurance\/","title":{"rendered":"How does remodeling affect my home insurance?"},"content":{"rendered":"

Completing a remodeling project often comes after a period of planning and saving and results in a home you have made your own. However, remodeling increases your risks, so every remodeler should handle it by speaking with their insurance agent. If you live in or near The Bronx, NY, let L M Insurance & Financial Services LLC help you obtain insurance coverage that protects your family and home.<\/p>\n

Update Your Insurance Before Remodeling<\/h2>\n

Home insurance policies typically offer basic protection for homes during the remodeling process. However, the likelihood of accidents in your home increases during remodeling, so it is important to supplement your policy before starting any work. Some home insurance policies require that you notify the agent before starting; failing to do so can impact your coverage. The start of the remodeling process is also a time to consider adding an umbrella insurance policy to provide extra protection against certain hazards and injury risks.<\/p>\n

After completing the project, your home may have increased square footage, the latest appliances, and fixtures, or other improvements that enhance your home’s value, so you should update your policy to reflect those changes.<\/p>\n

In addition, specific home additions, such as pools and hot tubs, bring additional risks that must be identified on your policy. Conversely, updating the plumbing, HVAC, and electrical systems can reduce your risks and premiums.<\/p>\n

Regardless of the changes, talk with your agent so your home has the right coverage before, during, and after remodeling.<\/p>\n

Working with L M Insurance & Financial Services LLC<\/h2>\n

Homes are often our most significant investments and should be protected. Let our L M Insurance & Financial Services LLC team, serving the Bronx, NY, area, assist with your insurance needs. Call (347) 263-9403 to discuss your options.<\/p>\n","protected":false},"excerpt":{"rendered":"

Completing a remodeling project often comes after a period of planning and saving and results in a home you have made your own. However, remodeling increases your risks, so every remodeler should handle it by speaking with their insurance agent. If you live in or near The Bronx, NY, let L M Insurance & Financial […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,11,8],"class_list":["post-85","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-bronx-ny","tag-home-insurance","tag-l-m-insurance-financial-services-llc"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t