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Bobbie Sage

Summer Home Improvements - Time to Update Your Home Owners and Life Insurance Policies

By , About.com GuideJuly 13, 2006

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I have not done any home improvement projects yet this year and just don't have time for it. Maybe next year. If you have done some home improvement projects you might want to check to see if your home owners insurance is keeping pace with the value of your home. Those home improvement projects can up the value of your home and your home owners insurance needs to keep up too.

But, that's not the only thing that needs review when your home mortgage value rises... what about your life insurance? Most people finance home improvement projects with a second mortgage. If you want to make sure your life insurance policy will take care of paying off what you owe on your home, then you may need to up your life insurance coverage too.

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