Do I need to modify my home insurance policy if the road or utilities around my house are improved by the city workers?

City construction on the road and utilities around your house can have an impact on the drive and comfort of your neighborhood, but the impact on your home may or may not require modifications to your homeowners insurance policy. Depending on the details of the situation and the impact on your personal property, it may be appropriate to talk to an independent agent for new insurance quotes.

Basic Work

Road construction may or may not have an impact on your policy based on the improvements and projects that are completed. When the work is designed to improve the roads due to damages from a storm, pot holes or other problems, it may not have an impact on the value of your house.

Basic work is a necessary part of maintaining the road, so it does not always cause the price of homes in the area to increase.

Community Improvement Projects

In the case of a community improvement projects, the utilities and amenities in the area may improve. As a result, it is possible that the value of your house may also increase when the construction is completed.

If a project within the community causes the value of your house to increase significantly, then it may be appropriate to modify your current plan. It is also important to modify the plan if the work can have an impact on your personal property, such as damages to the yard or possible accidents that take place in front of your house. Community improvement projects can have an impact on the property value, the local amenities and the property surrounding your house, so it may be appropriate to add to your current policy or make changes to keep up with the alterations in the community.

Road work and utility improvements within the local area may or may not have an impact on your homeowners insurance policy. If you are not sure about the impact on your home, then talk to an independent agent to find out your options or to address your concerns.

Leave a Reply

Your email address will not be published. Required fields are marked *