{"id":127,"date":"2025-01-24T04:00:00","date_gmt":"2025-01-24T10:00:00","guid":{"rendered":"https:\/\/www.harrisonins.com\/blog\/?p=127"},"modified":"2025-01-21T15:03:21","modified_gmt":"2025-01-21T21:03:21","slug":"common-home-renovations-and-how-they-impact-your-insurance","status":"publish","type":"post","link":"https:\/\/www.harrisonins.com\/blog\/common-home-renovations-and-how-they-impact-your-insurance\/","title":{"rendered":"Common Home Renovations and How They Impact Your Insurance"},"content":{"rendered":"

Home renovations are an exciting process as you watch your house transform into your dream home. However, there are several factors to consider, including your insurance policies. Certain renovations may increase your premium or necessitate higher liability insurance requirements.<\/p>\n

Fire Renovations<\/h2>\n

Outdoor kitchens are increasingly popular, and a warm fireplace in the living room adds a cozy touch. However, these renovations also come with risks. Therefore, consulting with an agent at Harrison Insurance and Financials LTD is crucial to determine the potential impact on insurance costs.<\/p>\n

Property Value<\/h2>\n

The cost of replacing your property often determines insurance premiums. Many renovations increase property value. For instance, a finished basement, a new wing, a pool, or extensive home upgrades can increase property value. Consequently, insurance premiums may rise because your home will cost more to replace.<\/p>\n

Liability Insurance<\/h2>\n

Certain upgrades increase the risk of injury. For example, a pool is often considered a liability because the property owner may be held liable for injuries that occur. The increased risk can result in higher insurance premiums. Other items, such as a trampoline, can also increase premiums. Always consult an insurance agent at Harrison Insurance and Financials LTD before upgrading.<\/p>\n

Get Coverage in Idaho<\/h2>\n

Renovations that don’t meet code standards are often deemed hazardous. Insurance companies in Hailey, ID, often label these properties as high-risk. Before upgrading your home, our professional agents can answer any questions about how a remodel will impact your insurance. We currently service the Hailey, ID, area.<\/p>\n","protected":false},"excerpt":{"rendered":"

Home renovations are an exciting process as you watch your house transform into your dream home. However, there are several factors to consider, including your insurance policies. Certain renovations may increase your premium or necessitate higher liability insurance requirements. Fire Renovations Outdoor kitchens are increasingly popular, and a warm fireplace in the living room adds […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[6,7],"class_list":["post-127","post","type-post","status-publish","format-standard","hentry","category-home-insurance","tag-hailey-id","tag-harrison-insurance-and-financials-ltd"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t