I’m thinking about changing the exterior finish of my home and I’m worried about my insurance policy. My home is located in San Diego, California, in a developed area from the 1960s, and it backs up to a small canyon. Currently, the exterior is stucco all around, with some brick accents on the front that faces away from the canyon. I’m considering replacing both the stucco and the brick elements on the front with Hardie cement board siding, which will have the same fire rating as the existing stucco.
I’ve heard stories about people getting dropped from their insurance without prior notice, making it difficult for them to find new coverage. Should I be worried about losing my insurance policy due to this exterior change? What steps should I take?
When it comes to changing the exterior finish of your home, particularly in a fire-prone area like San Diego, it’s understandable to be concerned about how your insurance company may react. Here are a few points to consider:
Fire Ratings: Since you mentioned that the new Hardie cement board siding will have the same fire-rating as the existing stucco, this is a positive aspect. Insurance companies are likely to appreciate improvements that maintain or enhance fire resistance.
Notify Your Insurer: It’s a good idea to inform your insurance company about the planned changes before you start the renovation. They can provide guidance on how the change might affect your policy and whether it could lead to any adjustments in coverage.
Documentation: When you notify your insurer, be prepared to provide documentation of the materials you’re using and any changes to the home’s overall risk profile. This will help them better understand the upgrade.
Home Insurance Policies: Policies and practices can vary widely between insurance providers. Some companies may have specific guidelines regarding exterior changes. It’s worth checking your policy’s terms to see if there are any clauses related to modifications.
Consult with Contractors: If you’re working with a contractor, they may have experience dealing with insurance companies and can offer advice on how to navigate the process.
Research New Policies: It’s prudent to research and possibly obtain quotes from other insurance companies, just in case your current provider is not receptive. This can give you peace of mind in case you need to shop for a new policy in the worst-case scenario.
Ultimately, proactive communication with your insurance provider is key. By being transparent about your planned changes and ensuring they align with safety standards, you can help mitigate the chances of being dropped.