{"id":3956,"date":"2025-12-03T16:33:55","date_gmt":"2025-12-03T21:33:55","guid":{"rendered":"https:\/\/www.petruzelo.com\/blog\/?p=3956"},"modified":"2025-12-03T16:33:55","modified_gmt":"2025-12-03T21:33:55","slug":"home-renovation-insurance-what-your-agency-needs-to-know-when-you-remodel","status":"publish","type":"post","link":"https:\/\/www.petruzelo.com\/blog\/home-renovation-insurance-what-your-agency-needs-to-know-when-you-remodel\/","title":{"rendered":"Home Renovation &amp; Insurance: What Your Agency Needs to Know When You Remodel"},"content":{"rendered":"\n<p>Home renovations are exciting\u2014whether you\u2019re adding a new bathroom, finishing the basement, or upgrading your kitchen. But while you\u2019re focused on materials, designs, and contractors, there\u2019s one step many homeowners forget: <strong>updating your insurance coverage<\/strong>.<\/p>\n\n\n\n<p>Major home improvements often increase the value of your property, and if your policy isn\u2019t updated to reflect those changes, you could find yourself <strong>underinsured<\/strong> in the event of a claim.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Why Updates Matter<\/strong><\/h4>\n\n\n\n<p>Your homeowners&#8217; insurance is based on what it would cost to rebuild your home as it stands today. After a remodel, that number often goes up. New additions, high-end finishes, or upgraded systems all increase replacement cost\u2014and that means your existing policy may no longer provide enough protection.<\/p>\n\n\n\n<p>For example, if you spent $60,000 on a new kitchen but never told your insurer, your coverage might still reflect your home\u2019s <em>old<\/em> value. In the event of a fire or major loss, that could leave you footing part of the rebuild bill yourself.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Notify Your Insurance Agency Early<\/strong><\/h4>\n\n\n\n<p>Before work begins, let your insurance agency\u2014like <strong>Petruzelo Insurance<\/strong>\u2014know about your project. We can help ensure you have proper coverage during construction, especially if contractors are involved. You may need to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Increase your <strong>dwelling coverage<\/strong> to reflect your home\u2019s higher value.<br><\/li>\n\n\n\n<li>Verify that contractors carry their own <strong>liability and workers\u2019 compensation insurance<\/strong>.<br><\/li>\n\n\n\n<li>Add <strong>builders&#8217; risk coverage<\/strong> to protect materials and work-in-progress from theft or damage.<br><\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Protecting Your Investment<\/strong><\/h4>\n\n\n\n<p>Once your remodel is complete, update your home inventory with photos and receipts. Keep records of upgrades like new roofing, electrical systems, or energy-efficient appliances. These updates not only affect your replacement value but may also qualify you for <strong>premium discounts<\/strong>.<\/p>\n\n\n\n<p>At <strong>Petruzelo Insurance<\/strong>, we help homeowners protect what matters most\u2014especially when your home changes. Before you start your next renovation, give us a call to make sure your coverage grows with you.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home renovations are exciting\u2014whether you\u2019re adding a new bathroom, finishing the basement, or upgrading your kitchen. But while you\u2019re focused on materials, designs, and contractors, there\u2019s one step many homeowners forget: updating your insurance coverage. Major home improvements often increase the value of your property, and if your policy isn\u2019t updated to reflect those changes, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3969,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3956","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/comments?post=3956"}],"version-history":[{"count":1,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3956\/revisions"}],"predecessor-version":[{"id":3970,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/posts\/3956\/revisions\/3970"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media\/3969"}],"wp:attachment":[{"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/media?parent=3956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/categories?post=3956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.petruzelo.com\/blog\/wp-json\/wp\/v2\/tags?post=3956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}