Life is constantly evolving. The way we use our homes is always changing, too. At Runnels Insurance, we encourage our Brandon, FL customers to regularly reevaluate their home insurance needs. Big changes to your property mean big chances that your coverage may not be enough to protect your new investments, such as:
Additions To Your Property
Are you considering adding a room to your home? How about installing a new swimming pool or deck? Finally going to build that covered parking, garage, or workshop? All of these situations call for new coverage. You don’t want to have something major cause damage or even total loss of your addition, only to find out it was not covered by your current policy. Whenever you make a major change or improvement to your property make sure you have proper insurance coverage.
Renting Out Parts Of Your Home
Leasing out an unused section of your home can be an excellent way to generate extra income. However, your current homeowner’s insurance might not cover damages caused by renters. Furthermore, if you end up leasing to a tenant who decides to sue you later your current policy may not cover legal or court fees. While Florida law does not require landlords to purchase rental-specific coverage, it’s still important to consider the "what if’s" with your insurance agent and adjusts your coverage appropriately.
Hosting Major Events
From super sweet 16th birthdays to graduation blowouts to intimate backyard weddings, our homes can play host to many of life’s special events. Unfortunately, the more people that gather at your home, the more chance there is for something to go wrong. People can accidentally get hurt or damage your personal property. Before you host a large event at your home, examine your current policy to make sure you’ll be covered if a guest gets hurt or breaks something valuable. You may want to consider increasing your coverage or opt for an umbrella policy to fill in any gaps.
Changing home insurance coverage can be confusing to do alone. Runnels Insurance extends a friendly and encouraging hand to all homeowners in Brandon, FL. Let us work together to make sure your policy fits your personal needs.