Personal Insurance Business Insurance The Mavco Difference The Mavco Team
February 2015 (630) 655-2410
View Job Opportunities
Update And Add Value To Your Home With Renovations

Whether it means remodeling the kitchen or finishing the basement, renovating your home is a great way to increase value. In fact, upgrading your bathrooms not only makes them more enticing to future buyers, it can increase the enjoyment you’re able to have in your home right now! Before you start that next construction project, however, remember this: you need to have the right insurance coverage to match your upgrades. And in order for your policy to cover the full value of your home, you’ll need to raise your coverage limits before your renovation project begins.

How Much to Raise Your Policy Limits
From big upgrades like turning the attic into a finished bedroom to small upgrades like replacing appliances in the kitchen, every renovation you make to your home can change its value. Keep in mind, though, that the amount needed to upgrade your policy does not equal the amount that you put into your project — so if you spent $2,000 on new basement flooring, that doesn’t mean you have to add $2,000 to your home policy. Rather, the replacement costs can be a little complex to figure out, and that’s why it’s best to contact us. At Mavco, we use specialized technology to determine the right amount for your needs.

Ways to Cut Costs on Your Premium
Worried about raising your insurance rates because of major remodeling? We’ve got good news. Lowering the costs of your home insurance premium doesn’t have to be complicated. Actually, there are a number of ways to cut costs on your insurance, such as the following:
  • Raise Your Policy’s Deductible
  • Set Up Automatic Payments
  • Take Advantage of Multi-Policy Discounts
  • Add a Home Security System
  • Keep an Eye on Your Credit Ratings
At Mavco, we’re here to help you get the coverage you need — to minimize risk, protect your property and enjoy your new investment for years to come. Contact us to learn more!
Contact Us to Protect Your Home
ABOUT MAVCO
Mavco is an independent insurance agency located in Hinsdale, Illinois. We provide personal and business insurance solutions, and specialize in supporting the complex needs of high net worth individuals and their families.

Meet the Mavco team. We offer a level of care and attention that cannot be matched.