When Should You Review Your Homeowner Policy?

E.S.T.I.R. Inc. serves homeowners in the Bloomfield, NJ area with all of their insurance needs. Agents understand that as time passes, your needs change when it comes to your homeowner’s insurance. A home remodel or significant changes to your property outside your home may require you to review your policy so that you are sure you have the coverage you need to protect your financial investment.

Renovations, Remodels, and Upgrades

Instead of looking for a new home, many homeowners are choosing to keep their current home and make renovations or upgrades. Adding an additional room or two is also a possibility. These types of changes can significantly increase the value of your home making your old insurance policy sorely inadequate. Even small upgrades such as the installation of smart appliances and a well-planned security system may have a dramatic impact. It is extremely important that you notify your insurance agent so you can upgrade your policy to match your home’s value.

Exterior Changes, Such as Landscaping, Swimming Pools, Fences, and Sheds

The addition of a swimming pool, privacy fences, sheds, and expensive landscaping/lighting systems can also increase the value of your home. Notifying your insurance agent is essential if you want your new items to be fully covered. The opposite is also true. If you remove any buildings or get rid of a swimming pool or landscaping, this may reduce the value of your property.

If you are thinking about or have already completed any substantial home improvements call the agents of E.S.T.I.R. Inc. today and have them go over your policy with you. The agents offer policy reviews to all of their clients who live in the Bloomfield, NJ and surrounding areas. Visit today and make sure you have the coverage you need.