Man measuring floor tiles

Home Improvements and Insurance

Updated January 1, 1 . AmFam Team

What effect will your home improvement have on your insurance? You may be surprised to learn that it could earn you a discount! Here’s how.

A home remodel can be very exciting and inspiring. And while you’re dreaming of things you’d love to have in your home, you’ll probably have to spend at least a minute or two considering the practical side.

One of the practical considerations of a home improvement project is insurance. Increasing the value of your home may mean you need to bump up your home insurance coverage so you’re fully protected. But the good news is that some home improvements might actually earn you a discount!

Check out our list of home improvements to see how they could affect your homeowners insurance. Your agent is happy to help.

Swimming pool. Adding a pool is a very popular renovation and it can lead to hours of family fun and fitness. But swimming pools can come with some additional risks — adding more liability coverage or an umbrella policy will help you protect yourself. You should also check to see if a fence is required either by your insurance company or your local ordinances.

An addition. If your renovation dreams include more space, then you’ll want to make sure that space is covered by your homeowners insurance too.

New appliances, flooring, counters and more. If you’re setting your sights high and going for top-of-the-line upgrades you’ll definitely want to let your American Family Insurance agent (Opens in a new tab)know. If anything were to happen to your home and you did not increase your policy to cover these upgrades, you may not have enough coverage for your loss.

New plumbing, electrical, windows or roof. Is your idea of an upgrade to improve the quality, age and reliability of your home’s “bones”? There are a lot of benefits from updating an older home. You’ll probably save money with more efficient equipment, less leaks and drafts and you may qualify for a homeowners insurance discount.

Tech savvy updates. Making Smart Home decisions can be a smart choice across the board. You don’t have to be an early adopter to know that there are tech options that make your home more convenient, comfortable and secure. In addition to all of those benefits, you may qualify for a discount on your homeowners policy.

No matter what the renovation, big or small, inside or out, it pays to give your local insurance agent (Opens in a new tab) a call just to make sure you have all the coverage — not to mention the savings — you deserve!

Tools & Resources

Explore our tools and smart tips.