Home Insurance. Monday , February 12th , 2018 - 14:25:19 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.
Renovation automatically increases the value of your home and so does the addition of personal belongings. To keep your house and belongings well covered, make sure that the enhanced value is added to your insurance policy. To know more about your insurance policies, visit the Bajaj Finserv website.
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