Are you planning a new residential construction project? If so, now is the time to consider the insurance protection your property needs.

Home Insurance Coverage

Home insurance protects a homeowner from a series of unforeseen events. A policy may cover you if you need to have your home repaired. It may also provide financial relief if you are sued due to an injury or damage that occurs on your property.

Possession Protection

Consider the items that you will be moving into your new home. Determine the risk associated with an item being stolen or damaged. Items of value should be prioritized and added to your home insurance policy.

Prepare a list highlighting the items you want to add to your home insurance policy. Record vital details that could assist with filing a home insurance claim in the future.

The make and model of your possessions and the current value of your items may need to be reported when filing an insurance claim.

Home Construction Considerations

Evaluate the layout of your new home and the types of materials that are being used to construct it. The layout of your home could reflect upon the amount of insurance coverage you need.

If you have decided to purchase liability coverage, determine which parts of your new home pose the most risk. During the evaluation, assess staircases, uneven surfaces, and unique design elements.

Keep track of the cost of materials that are used to construct your home. You can add these materials to your home insurance policy.