Highlands NC Homes, Check Insurance After Remodel
Owners of Highlands NC homes should check insurance policies after a remodel. A remodel will add value to a home. As a result, a homeowner does not want to find himself under-insured in case disaster strikes. Many home purchases result in major renovations. Whether you are adding square footage or high-end upgrades you will be improving the home’s value.
What affects insurance premiums
The roof is a big factor in insurance premiums, especially in mountain towns. Many older roofs have wood shingles and insurance adjusters see this as a high fire risk. Replacing the roof with materials that are considered a low fire risk can help your premiums whereas high-risk materials will add an increase or perhaps make it hard to insure a Highlands NC home.
Upgrades will impact insurance
Adding a deck, choosing high-end appliances, and installing high-end finishes will increase your home’s value. As a result premiums go up. However, if you do not increase your policy you may not be covered for the work and improvements that have been completed. Home insurance is an important part of owning a home. Highlands NC real estate represents a big investment and protecting this investment is important. Your REALTOR will be able to recommend reputable local insurance agents. Having experience and dedication on your side is certainly helpful.
Learn more about Highlands NC homes
Contact our team at Berkshire Hathaway HomeServices Meadows Mountain Realty today to learn more about Highlands NC real estate. We welcome the opportunity to update you on the market while answering all of your buying and selling questions. Let our knowledge and experience serve as your guide to Highlands NC homes.
Click here to read “Homeowners Need to Update Insurance After a Remodel” from REALTOR Magazine.