For most Connecticut homeowners asking if a new roof can lower homeowners insurance, the simplest answer is that it can, with the right policy update. A new roof also determines which carriers will write the home and how a future roof claim gets paid, and both of those may outweigh any line-item discount on your […]
Personal Insurance
Reviews of a roof’s age for homeowners insurance may begin around year 10, well before a roof leaks or looks worn from the street. Between 10 and 25 years, a Connecticut homeowners policy can move through an inspection requirement, a shift to actual cash value, and in some programs, a decline. The roof year your […]
For homeowners wondering what happens if you don’t have homeowners insurance, the most likely outcome is that some losses during the gap may be yours to pay. The longer-term homeowners insurance lapse consequences are less obvious. A gap can change which carriers will write policies on the home, what the next policy costs, and how […]
A house in Greenwich or Westport can carry a rebuild cost with very little relation to what the property would sell for. The homeowners policies that national insurers sell in volume were built around a median American house, which this corner of Connecticut doesn’t match. High net worth insurance is designed to underwrite the difference. […]
Certain changes to a home, such as a finished basement or monitored security system, can change your Connecticut homeowners insurance premium. Some projects raise the rate. Others open the door to a discount. A few have no effect at all. Knowing which category a project falls into before work begins can help a homeowner budget […]
Planning a home renovation usually means talking to a contractor to make detailed plans and estimate costs, going to your local government for permitting, and working with a bank for funding. It also means making sure your homeowners insurance is appropriate for the work being done. Five specific points in a renovation timeline call for […]
The same homeowners insurance you’ve carried for years probably covers small updates you make week to week. Things like repainting a room, hanging new drapes, or updating the cabinet doors in the kitchen. These don’t typically change the replacement cost or risk profile of your home and likely don’t affect your insurance. However, a standard […]
Many Connecticut homeowners who work from home don’t consider how it affects their insurance needs, or might assume that their homeowners insurance already has them covered. But if you aren’t protecting your professional assets at home with the right insurance, you may be leaving yourself open to unnecessary financial exposure. What a Standard Homeowners Policy […]
