summary by the editor www.bizwe.com: First step: Contact your insurer
Second step: Find a
insured contractor Step Three: Get a building permit

When re-planning of thousands of dollars on home improvements is the last thing you downloaded on your investment the stream. For this reason, it is essential to ensure that all necessary steps to ensure your project before you begin taken.
First step: Contact You can contact insurance company
Major renovations of your home exposed to physically and financially. The new French doors could be stolen before they are installed. Major roof could leave your house, exposed to the elements, some of which could not be covered by a regular police owners.
In this case, set the temporary insurance coverage. “If during the construction work there to be a kind of rider insurance in case there is an accident or something that protects you more than your insurance coverage,” said David Lupberger, an expert for ServiceMagic renovation, a company that matches entrepreneurs with owners . Talk to your insurance agent what you plan, and he or she can carry through the options on short-term coverage.
Second step: make sure you find a contractor insured
With the setting of a contractor, it is this person adequately insured. “Make sure they have Workers’ Compensation, its staff, and general liability insurance for the company,” says Lupberger. “This means that when a professional contractor working on your house if a worker is injured, you are not responsible. If the contractor damages something, something is burning or destroyed home, you’re protected.”
Even if something happens , the Contractor’s tools or equipment while the project is nearing completion, picked up his insurance costs. Uninsured contractors can be less responsible for the work, but you’ll pay the price if something goes wrong during the renovation. And even if a contractor tells you he is insured, do not take his word. “Did the contractor show you proof of insurance,” said Lupberger.
And if you decide to do the project yourself? “In this case you have not so much a question of responsibility or liability,” said Richard Standring, program manager of consulting services for risk management for Fireman’s Fund Insurance Co.. Therefore, it is not necessary workers compensation or general liability insurance. But, depending on the scope of the project, your insurance agent can suggest you hire a professional instead. “We do not recommend that the customer go out and do any kind of work that require permits, in particular to an electrical system or plumbing,” says Standring. Even if you set your property damage in the process and your insurance that your negligence caused the accident, he could not pay the claim.
Step Three: Get building permits
Some jobs require planning permission, especially if the structure of your home is changed. In accordance with these cases, working with building codes. Your city or county government can tell you if your project in this category. If so, that the contractor license application. When can the work is done, a building inspector to inspect the work, “said Carolyn Gorman, vice president of the Insurance Information Institute.
When the work of the inspection is failed, the contractor responsible for and must make adjustments. incompetent builders a great influence on the coverage of your home if a piece to your home, and it does not meet building codes, your insurer could refuse to cover them
The fourth step:.. Estimate the value of the project
Each renovation project does not justify a change to your household insurance. If you have a new refrigerator, change one or two devices or update to buy the bathrooms, there is probably no need to make changes. “But any time you have more than 000 new to invest in the value of your home, your insurance really his note of this change, “says Standring When in doubt on the safe side and check with your agent anyway
Step Five:. .. Check your />
“When it’s time to rebuild, get your insurance is not more than 0000, because it is the policy limit, “says Gorman There is one exception to this rule, if a replacing policy have thorough cost, it pays a certain percentage -.. usually 20 to 25 percent – over the border home rebuild. If such a policy would cover minor renovations, can not be adequately covered if you increase the value of your home over 25 percent of the improvements you made.
by Tamara E. HolmesMonday 16 July 2007.
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general homeowner insurance