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Using Your Tax Refund for Home Improvements? Adjust Your Homeowners Insurance in Los Angeles, CA

adjust your homeowners insurance in los angeles, ca

You need to adjust your homeowners insurance in Los Angeles, CA if you’re using your tax refund for renovations.

What do you plan to do with your tax refund? The once-yearly check from the IRS presents you a unique opportunity to do something out-of-the-ordinary with the sum. Maybe you want to take a vacation. Maybe you need to cover an unexpected expense. But if you’ve been waiting to tackle a home improvement project, your tax refund could make it possible! Just make sure you adjust your homeowners insurance in Los Angeles, CA before you start.

Why do you need to change your home insurance? Technically, you don’t actually need to adjust your coverage. But if you decide to skip this step, you need to know that the money you put into your renovation likely won’t be covered.

When you bought home insurance, you purchased enough to cover the current value of your home. Your improvement will add value, and unless you increase your coverage, that added value won’t be reflected in your policy. So if you spend $5,000 on updating your kitchen and a fire ruins all your hard work, you’ll need to come up with that $5,000 again to restore it to the upgraded version.

It’s a whole lot easier just to pick up the phone and call your insurance agent. He or she can make sure that your coverage is adjusted to reflect the value your home improvement will add to your home. That way, you can rest easy knowing no matter what happens, your home – in its current renovated state – is covered.

Your home improvement will take time and energy, but we can make it quick and easy to adjust your homeowners insurance in Los Angeles, CA. Contact Saferoad Insurance – serving Los Angeles and Long Beach, California – to make sure your home’s policy is up to the task of protecting you and any renovations you undertake.