Does my Insurance Cover Home Remodeling in Utah?

Home remodeling is a popular way to improve the look and feel of your home in Utah. However, it’s a significant investment that requires careful planning and budgeting. One question many homeowners in Utah may have is whether their insurance covers home remodeling. In this blog post, we’ll explore whether or not insurance covers home remodeling in Utah and what options homeowners have for protecting their investment.

Usually Not Covered

Typically, homeowners insurance policies do not cover damage caused during home renovations, including remodeling. This is because most policies exclude damage caused by construction, alterations, and repairs. As a result, any accidental damage or destruction of materials during remodeling will likely not be covered by your insurance policy.

Check with Your Insurance Provider for a Separate Policy

However, it’s important to note that some insurance providers may offer a separate policy or rider specifically for renovation projects. This type of policy, known as builder’s risk insurance or renovation insurance, can provide coverage for damage caused by accidents, natural disasters, theft, and vandalism during the remodeling process. It’s worth considering purchasing this type of policy if you’re planning a large-scale home remodeling project or if you’re concerned about the potential risks involved.

Work with a Reputable Contractor

Another option for protecting your home remodeling investment is to work with a reputable contractor who carries liability insurance. Liability insurance can provide coverage for damage caused by the contractor or their employees during the remodeling process. Before signing a contract with a contractor, be sure to verify that they carry proper insurance coverage and review their policy carefully to understand what is covered and what is excluded.

Limited Coverages

It’s also worth noting that some home insurance policies may offer limited coverage for certain types of home improvements. For example, if you’re adding a new porch or deck to your home, your insurance policy may cover damage caused by natural disasters such as wind or hail. However, it’s important to review your policy carefully and consult with your insurance provider to understand what is covered and what limitations may apply.

In conclusion, homeowners insurance policies typically do not cover damage caused during home remodeling in Utah. However, homeowners have options for protecting their investment, such as purchasing a separate renovation insurance policy or working with a contractor who carries liability insurance. By taking steps to protect your investment, you can enjoy a smooth and stress-free home remodeling experience that adds value and beauty to your home for years to come.