You should notify your insurance company when doing renovations or major repairs. Here’s why:
IT COULD CHANGE THE VALUE OF YOUR HOME
Don’t worry about simple projects like painting. But when installing hardwood floors or a new kitchen, call your insurer. They’ll make sure projects meet policy requirements. After the reno, they can also re-evaluate the property so you’re insured for the right value.
WILL YOUR HOME BE VACANT DURING THE RENO?
Policies usually stipulate that you notify your insurance company if your home will be unoccupied.
Most policies have limits on personal property items. To protect cherished art or antique collections, you can purchase additional coverage. Consider specialty insurance products that focus on specific types of items, like artwork and collectibles, to keep them covered.
For an insurance assessment, call an AMA Insurance Advisor at 1-800-615-5897. For an online quote, visit AMAInsurance.ca/home