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5 Best Homeowners Insurance Providers in Florida
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5 Best Homeowners Insurance Providers in Texas
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Renovations during pandemic could impact home insurance
By: Scripps National
and last updated 2021-03-16 12:04:25-04
While working from home has largely saved people money without commutes, business wardrobes and eating out, it could cost you more in other areas.
âIf you re working from home, you may have additional equipment that you might not have had otherwise, which can be expensive to replace, and so, you know, it s important to know that your homeowners insurance policy, the very basic level only covers about $2,500 of work from home equipment,â said Stephen Kates, a certified financial planner and analyst at Bankrate.
Kates is warning people their home insurance may not cover their new work setups.