Insuring your home while you make renovations.

While there isn't really home renovation insurance on the market, you can make adjustments to your homeowners insurance policy to cover your changing risk exposures. This is why you should speak to your insurer before beginning your renovation project. Here are some of the coverage options you should inquire about. Raising Your Coverage Limits If your home renovations include building an addition onto your home or upgrading your appliances, then you can secure the additional coverage you need by increasing the dwelling and personal property coverage limits on your homeowners insurance policy. By raising your coverage limits, you can ensure that you have the protection you need for your home's increased value. Updating your Medical Expenses Coverage Limits If you are doing the renovation as a DIY project and are relying on help from family members or friends who do not live in your home, you'll need to speak to your insurer about increasing your medical expenses coverage limits. This portion of your homeowners insurance covers the medical expenses that might result from injuries that occur on your property. By raising your policy's medical expenses coverage limit, you can secure additional protection for the people helping you with your renovation. These are some of the policy updates you should make if you are planning on renovating your home.  Do you have additional questions regarding your homeowners coverage?  Don't hesitate to contact the experts at Weeks & Associates Insurance Services in Thousand Oaks, California.  Our dedicated team is ready to assist you with all your coverage needs today.