If you’re planning renovations within your condo, these changes may necessitate adjustments to your condo insurance policy. Review your renovation plans and consider insurance modifications that will provide sufficient protection from theft, vandalism, and damage.

An Assessment of the Floor Plan

Assess your condo’s new floor plan. Changes to the floor plan may alter how you use the living space, which could influence the amount of insurance coverage you need. If you add new flooring or other functional materials, you may have increased concerns about potential injuries or damage within your condo.

If the changes to the living space accommodate more household goods, you may want to add insurance protection for these additional possessions.

An Analysis of the Structural Materials

Analyze the list of structural materials that will be installed in your condo. Compare the style and quality of these materials with those already installed within your living space.

Consider how susceptible the materials are to damage, vandalism, or theft. If the new materials are superior to those being replaced during the renovation process, acquiring additional condo insurance may be necessary.

Your condo insurance policy can include protection for any materials that need to be repaired or replaced.

Contact an Agent Who Serves Memphis, TN

Contact one of our agents serving Memphis, TN, to schedule an appointment. When you meet with an agent from Keltner Insurance, you can request insurance upgrades, which will be reflected in your new insurance policy.