Changes in Your Home Your Insurance Company Needs to Know About

Have you made changes in your home or within your family recently? The last thing on your mind might be letting your insurance company know about them. But as it turns out, there are many changes that can affect your insurance policies.

If you make any of these changes, be sure to inform your insurance company as soon as possible.

Changes to your heating or plumbing

If you’ve updated the heating or plumbing in your home, this could result in a better rate on your home insurance policy. Older systems may be more likely to cause problems, and the lower the risk of these issues is, the more likely you are to save money on insurance! This is especially true if you opt for more environmentally-friendly systems, which insurance companies look upon favorably.

You get a dog

Did you know the liability coverage on your home insurance policy can help cover the damages if your dog injures someone or damages their property? If you add a four-legged family member to your home, be sure to let your insurance company know. Not only can they help you make sure you have enough home insurance in place, but they can also discuss your pet insurance needs with you as well.

You renovate your home

When you renovate your home (especially the kitchen, basement, or attic), this can have a major impact on the value of your home. When your home becomes more valuable, it’s especially important to make sure you have enough insurance to cover it. When you inform your insurance company about these changes, they’ll help you make sure you have enough dwelling and property coverage to protect your updated home.

You add a pool

Pools are a lot of fun, but they come with a certain amount of risk. If you add a pool to your home, it’s something your insurance company needs to know about. You’ll need more insurance to cover it, but there are things you can do to make your pool more secure which will help you save money on your insurance.

You install a security system

Did you know many insurance companies offer discounts for homes with security systems? Although it requires an investment to have installed, a security system can ultimately save you money on your policy. If you add one to your home, let your insurance company know and find out if you’re eligible for a discount on your policy.

Would you like to learn more about home insurance and how to find the best policy for you? Give the team at Lupton and Luce Insurance a call today!