6 Renovations That Raise Costs
(Above) Janet’s home showing electrical work being done during her home renovation project
System work often includes an electrical panel upgrade, circuit additions, outlet protection upgrades, a repipe, a water heater swap, or fixture relocations that require new supply and drain lines. These projects may sit behind walls, yet they change how the home operates every day. Carriers tend to ask for details on age, materials, and scope when they review risk.
A modernized system can influence the home insurance premium through eligibility, pricing, or credits, based on each carrier’s guidelines. New wiring, updated protection, and refreshed plumbing can reduce certain loss risks, which may support better terms in some cases. Insurers still ask for documentation to confirm permitting and inspection results.