Tell your insurer what is changing
A renovation can change a home’s replacement cost, occupancy, and exposure while work is underway. Before a major Augusta project begins, describe the scope, schedule, contractor, and estimated finished value to your insurance adviser. Ask whether your current homeowners form applies throughout the work or whether a renovation or builders risk policy is appropriate.
Separate the building, materials, and contractor’s work
Ask who insures materials before installation and where they are stored. Check whether tools belong to the contractor and how damage to an unfinished addition would be handled. Request proof of a contractor’s insurance and keep a written agreement; a certificate alone is not a guarantee of coverage for your loss. If you move out during construction, tell your insurer.
Georgia’s insurance office explains replacement cost as the amount needed to rebuild or repair with similar materials. After the project, a previous dwelling limit may no longer reflect the home. Confirm what improvements need to be added to your policy record.
Make a before-and-after record
- Photograph the existing rooms and exterior.
- Keep contracts, permits, change orders, and receipts.
- Document new systems and finished square footage.
- Review your limit and deductible once work is complete.
See Peak Insurance’s Augusta insurance page and home insurance options. Ask for a coverage review tailored to the actual project; the policy terms control any claim.
