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Maximizing Insurance Coverage While Redesigning Your Condo: Tips for Protecting Your Investment | Design Ideas for the Built World

By Eric Sterling
Published in Investing
June 14, 2023
1 min read
Maximizing Insurance Coverage While Redesigning Your Condo: Tips for Protecting Your Investment | Design Ideas for the Built World

So, I just read an article about maximizing insurance coverage while redesigning your condo, and I have to say, it was pretty interesting. I never really thought about it before, but redesigning your place can have some serious implications on your insurance coverage.

Basically, the article talks about the importance of keeping your insurance provider in the loop when you’re making major renovations or upgrades to your condo. It also gives some tips on how to make sure you’re getting the most coverage for your investment, such as making sure you have enough liability coverage and taking inventory of your belongings.

One thing that stood out to me was the suggestion to consider getting an umbrella insurance policy. I had never heard of that before, but apparently it provides extra liability coverage that could be really helpful in certain situations.

Personally, I’ve never had to deal with a major insurance claim, but I have had some smaller issues come up. Like, one time I accidentally left my kitchen sink on and came home to a flooded apartment. Thankfully, I had renter’s insurance, but I definitely learned the hard way that it’s better to be safe than sorry.

Overall, I think this article is really important to read if you’re planning on redesigning your condo or if you just want to make sure you’re getting the most comprehensive coverage possible. It’s definitely worth taking the time to review your policy and talk to your insurance provider, even if it seems like a hassle. After all, you never know what could happen!


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