Adding a new deck to a property offers numerous benefits. Along with potentially increasing the monetary value of your home, it can also greatly enhance your enjoyment. But what about your home insurance? Is it also affected by deck installation? This guide goes over a few important factors related to deck construction and home insurance.
Most decks are attached to the home structure itself. In this case, the new deck would be covered by your existing dwelling policy. In the event the deck was detached from your home, it might still be covered. However, it would be covered under the separate structures portion of your insurance, which covers things like free-standing garages and sheds.
In most instances, deck construction does increase a person’s insurance rate. That’s because insurance policies are based on the existing value of a property, and new construction naturally increases the value of the home. It’s best to take the following steps before you plan any home improvement projects:
These steps ensure the structure is fully covered, while also preventing any major lapses in your home coverage.
Once you have a better understanding of insurance, reach out to El Pueblo Woodworking to plan your new deck construction project. Our skilled and experienced deck builders will assess your home and determine the best possible design to suit your needs and lifestyle. You can also rely on us for pergola construction, gate installation, and many other services.
Schedule deck construction in Albuquerque today by calling (505) 221-5321. You can also contact our team for more information before getting started.
