Now that the weather is warmer and the ground is thawed, many New Hampshire homeowners are thinking about additions and remodels. When you’re putting together your pre-major project to-dos, don’t leave contacting your insurance agent off the list. Any major home remodel or addition will affect your home insurance in New Hampshire. The good news is that, depending on what kind of renovation you have planned, your insurance costs may not necessarily go up. At Morin Insurance Agency, we understand the importance of getting the best coverage for the best price.
Let’s take a look at some common home improvements and how they could affect your home insurance in New Hampshire.
Replacing the Roof
Replacing a roof is something that most homeowners have to deal with at least once. Though it’s not the most exciting home improvement project you can take on, a new roof can make a big difference to the condition of your home. It can also have an impact on your home insurance policy. When your insurance agent issues your initial policy, they take into account the age and materials of your roof. A newer roof is more resilient against the elements and is less likely to suffer damage due to the weather. Depending on the materials you choose for your new roof, your insurance costs can lower substantially. Get in touch with your insurance agent before your make any final decisions so you can factor changes in your insurance into your choices.
Kitchen Remodel
Getting a new kitchen is one of the more fun home remodeling projects you can take on. But before you get wrapped up in choosing new color schemes, countertops, and fixtures, you should talk to your insurance agent to see how it will affect your homeowner’s insurance. Any major improvement will increase the value of your home and affect the cost of your insurance.
Additions and Finished Basements
There are lots of reasons to build an addition or finish your basement. From home offices to man caves and everything in between, there are as many reasons to add living space to your home as there are families. But just like a nice new kitchen, these improvements will increase the value of your house. With working from home becoming increasingly common in the last few years, a home office holds great appeal for employees and business owners alike. If you are building an addition and changing the footprint of your house, you definitely need to consult your insurance agent before you start. Your house was initially evaluated at the square footage it was when you bought the policy.
Home Insurance in New Hampshire from Morin Insurance Agency
When you come to Morin Insurance Agency, you won’t get a one-size-fits-all package. Our agents take their time with each customer to craft a policy just for you that will give the coverage you need at the best possible price. So if you’re looking for home insurance in New Hampshire, give us a call.
