Are interior home updates reflected in my Homeowners insurance policy?

Homeowners insurance is designed to cover the replacement cost of your home and its contents in the event of a covered loss, such as fire, theft, or certain natural disasters.

If you have made significant improvements or renovations that increase the value of your home, such as adding a new room, updating the kitchen, or installing expensive fixtures, it's important to inform your insurance broker. Failing to update your policy to reflect these changes could leave you underinsured in the event of a claim.

Some interior updates, such as installing a security system, fire sprinklers, or a new roof, may qualify you for insurance discounts.

To ensure that your homeowners policy adequately reflects the value of your home and any significant updates you've made, it's essential to review your policy periodically and inform your insurance broker of any changes.