Personal Liability Insurance: What Happens When Someone Gets Hurt on Your Property

If it saves you money in the long run:

Certain renovations, such as energy-efficient windows and doors, will essentially pay for themselves by reducing heating costs.   For this reason, be sure to consider a renovation’s long-term savings and not just its current cost.

If your home isn’t competitive in the marketplace:

If you are looking to sell your home, it is important to bring it up to community standards, but no higher.    

To help you know which projects yield the greatest cost recoups, experts from Remodeling Magazine report the latest remodeling trends:

• Steel entry door replacement (73% cost recoup)
• Attic bedroom (72.5% cost recoup)
• Garage door replacement (71.1% cost recoup)
• Minor kitchen remodel, such as granite counter tops (72.1% cost recoup)
• Vinyl siding replacement (69.5% cost recoup)

For more detailed information on nationwide market value trends, check out the Cost vs. Value Report 2011-2012.

According to Wall Street Journal staff reporters, other relatively inexpensive, worthwhile renovations are:

• New carpets (neutral colors)
• Pull-out kitchen faucets
• Body-spray shower heads
• Garage storage systems

Remember, it’s not how much you spend; it’s how you spend it.  

Vargas & Vargas Insurance is happy to assist you with any and all homeowners insurance policy questions.   Call and speak to a friendly agent today at 877.550.0025.