Remodeling and Home Insurance

Remodeling a home is a great way to make it feel more comfortable for the family and add value to the house. However, as you make these significant changes in your Matthews, NC home, you want to make sure it is protected and covered by your homeowner’s insurance. Keeping your policy up to date may require letting the insurance company know about the construction and remodeling projects, which may increase your premiums. 

The JC Demo Insurance Group agents can assist in ensuring your home during and after your remodeling project. 

Home Renovations

Home renovations can alter the structure of your home, which can increase the value and require changes to your home insurance policy. Additionally, there may be a liability concern and increased risks associated with the construction project. Your existing policy may not cover these risks, and you may need to increase your policy coverage. 

Insurance Coverage

In most cases, your insurance premiums will go up once you have completed all the renovations. Your insurance premiums may go up because the value of your home has increased, so the coverage you have needs to increase too. Renovation projects, such as adding a new room, kitchen, or bathroom, all increase the home’s value and affect your insurance coverage. 

Before starting renovations, call your insurance agent to discuss your plans and how they can affect your policy. Your insurance agent can walk you through your plans and provide details on insurance coverage changes required for your upgraded Matthews, NC home. The agent can let you know how much your premiums will increase and discuss other add-on options you may benefit from having. 

If you have questions about renovations and how they affect your home insurance, call the JC Demo Insurance Group experts for additional information. 

Does my auto insurance cover me if I rent a car

It’s summer and thoughts are turning to vacation. If you are flying to your destination, you may be renting a car when you get to your chosen spot. Online reservations are the most common these days and as soon as you choose the dates, the location, and the type of vehicle you want you will be confronted with a variety of insurance options. To know what you need can be confusing. Having an independent insurance agent who knows you and whom you trust can help. In Matthews, NC, you can count on JC Demo Insurance Group to have your back. 

When determining the amount of coverage you might have for a rental car, it depends a great deal on exactly what your auto coverage on your primary vehicle looks like. If you have basic coverage only, that is what you will have on the rental. If you get into an accident, you will have liability protection but nothing else. That is not going to be acceptable to the rental car company. You need to protect their vehicle which chances are is new and expensive. 

If you don’t have collision and comprehensive on your own vehicle you need to get that coverage either through the rental company or through your credit card if you happen to have that type of coverage with your card. Check with your insurance agent about the amount of coverage you have, and it is a wise idea to call your credit card company to verify what coverage they offer.

If you want peace of mind, you should probably just get the LDW (loss damage waiver)  the rental car company offers but if your liability coverage is adequate on your policy don’t add any additional liability they may offer.  

At JC Demo Insurance Group in Matthews, NC, our experienced team will be here to guide you through all your insurance questions and needs including rental cars.