Home Insurance. Monday , February 12th , 2018 - 14:25:54 PM
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.
During the course of home renovation, if you choose to lay luxurious tiles and fittings, add a modular kitchen, or convert your house into a smart house , such additions will significantly increase the value of your house. The existing insurance cover will not suffice, exposing you to the risk of loss in case of any damage.
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