Tag: remodel insurance

Will Your Home Insurance Policy Cover Your Remodel Project?

A friend of mine texted me the other day and asked me to quote her home insurance. I called her to discuss some questions I had about her home when she informed me she would be starting a remodel project in the next week or two which coincided with when she wanted to start a new policy. Her concern was if she changed home insurance now, would it cover her home remodel project?

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Vacant Remodel vs Builders Risk Insurance

A couple of weeks ago, I wrote about insurance for fixer uppers and homes being remodeled and mentioned vacant remodel and builders risk insurance (see https://wiseinsurancegroup.com/home-insurance-remodels-fixer-uppers/). I touched on a couple of their differences but wanted to dive a little deeper into how they are alike, how they are different, and when one may be a better fit than the other.

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Fixer Uppers and Builders Risk Insurance

Last Monday I introduced David and Deb (not their real names). They’re a couple who just purchased a home in east Dallas they plan to completely renovate. The home was originally built in 1962 and has never been updated. They’ll gut it and bring it up to date in a contemporary style befitting the original vision the architect had when it was first built.

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