Highlands NC Homes, When Should You Increase Insurance?

Highlands NC homes

Highlands NC Homes, Should You Increase Insurance When Home Values Go Up?

Highlands NC homes

Meadows Mountain Realty, Highlands NC real estate

A common question for owners of Highlands NC homes is whether you should increase your insurance when home values go up. It’s a great question. Highlands NC real estate is a big investment and every homeowner wants to stay protected. It might not be a bad idea to check with your insurance agent to discuss your policy.

A significant increase in a home’s value might trigger the need to up your homeowner’s insurance. After all, coverage for the unforeseen is important. Additionally, new purchases like expensive artwork or furniture should be inventoried. However, not every increase in value requires additional insurance. When a home’s value increases for typical market reasons, like supply and demand, increasing homeowners’ insurance coverage is most likely not necessary.

When should you check with your insurance agent?

If you have conducted a major remodel to your Highlands NC home then it is a good idea to call your insurance agent to check in. Ultimately, it makes sense that a major investment (an addition, new kitchen, or remodeled basement) would make an impact on the value of a home. Make sure your insurance is updated to cover your home’s new value.

Learn more about buying and selling 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 market conditions while answering all of your questions. Let our knowledge and experience serve as your guide to Highlands NC homes.

About the Author
BERKSHIRE HATHAWAY HOMESERVICES MEADOWS MOUNTAIN REALTY has been serving the Highlands NC and Cashiers NC areas offering exclusive mountain real estate and country club properties since 2003.

We recognize that there are many important aspects to consider in making a real estate choice. With that in mind, we listen closely to the needs and desires of each individual customer and work diligently to find the ideal mountain property or to sell your property as efficiently and effectively as possible. However, our job does not stop there.

Once you have made your real estate decisions, we are here to help you in any way that we can. It will be our pleasure to familiarize you with all aspects of the Highlands and Cashiers communities, including home, professional and personal services as well as activities, restaurants, health care and shopping. We will go the extra mile to ensure that your experience in the mountains exceeds your expectations.

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