Home Insurance. Monday , February 12th , 2018 - 14:36:55 PM
Yes, it does. While minor changes will not have any major impact on your policy, renovations in the nature of constructing a swimming pool, remodeling a kitchen, and expanding the living area are major changes which leads to a significant change in the valuation.
So, it is necessary that you inform your insurer about the proposed renovations and have a revaluation done to decide on the ideal coverage. Of course, a higher cover will entail higher premium payout. But, this is a small price to pay when compared to the loss you might suffer if any disaster strikes.
Any content, trademark/s, or other material that might be found on this site that is not this site property remains the copyright of its respective owner/s. In no way does Byesville.us claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.