Home Renovation Upgrades That Could Decrease Homeowners' Insurance Rates
If you are considering big renovations to your home, wouldn't it be nice if you could make those renovations really worthwhile? Some renovations boost your property value and decrease your homeowners insurance rates at the same time. Below, you will find a few materials to consider as you work to renovate your home. These materials will provide you with a discount on your homeowners' insurance premiums for the years ahead.
Bricks and Stones
Finishing the exterior of your home with bricks or stones can provide you with a discount on your insurance premiums. This is because the bricks and stones will resist damage much better than vinyl or wood siding. Brick and stone homes are more resistant to fires and can withstand wind abuse much better.
The only instance that a wood home does better than a brick or stone home is during an earthquake. If you live in an earthquake-prone area, it is possible that a wood-structure home would provide the give that it needs to minimize damage during an earthquake.
Hurricane Windows
If you live in an area that is prone to very high winds and/or hurricanes, upgrading your windows to hurricane windows is a wise investment. These windows are designed to withstand the flying debris and strong winds to prevent damage to the inside of your home during the worst storms. This added protection will make you eligible for a discount on your homeowners' insurance premiums.
Roofing
The roof on your home goes through much more abuse than you might think. Wind, hail, debris, ice and so much more puts a beating on the materials used to cover your roof. Installing wind- and impact-resistant roofing, typically found in asphalt shingle form, will help to reduce your rates.
Roofing is categorized by type. Class H roofing is ideal for homes in high wind areas, as it is made to withstand wind speeds of 150 mph. If you live in an area surrounded by woods or grasslands, Class A roofing materials would be the best option, as it provides the greatest protection against fires.
Before you begin ripping into your home and ordering all of the building materials to complete the project, talk with your homeowners' insurance agent like one from Norman Heil Insurance to learn about all of the discounts that the company offers for the different upgrades that you can do for your home. In the end, the materials may cost more, but your home will be better protected, which is worth much more than the savings that you will enjoy.
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