Home Improvements and Homeowners Insurance

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Planning A Home Improvement Project This Spring? You Should Tell Your Insurance Agent!

Home-Improvement-projec-and-homeowners-insurance-bergen-countySpringtime is right around the corner! With temperatures now averaging above freezing, the ground beginning to thaw and longer lasting sunlight, you may feel the urge to start new home projects. Whether you’re a DIY’er or hiring a contractor, these springtime home improvement projects can boost the curb appeal of your home, increase protection against the elements and even make your time spent at home more enjoyable!

Home improvement projects such as building a patio, installing a new roof, upgrading windows and even renovating your kitchen can dramatically increase not only the appearance of your home but also the overall value. So, if you’re debating some home improvement projects this spring, reach out to your Insurance Agent and let them know!

My Home Value Increased – Should My Coverage?

ABSOLUTELY! Homeowners insurance covers damages that can occur to your home due to unexpected events such as fires, floods, lightning strikes and more. This means that as you upgrade your home, your insurance policy should represent the newly increased value of your home! Without an increase the value of your home on your insurance policy, you may receive a smaller payout in the event of a total loss.

Do Home Values Increase Even With Small Projects?

You may think, “All I’m doing is expanding my patio and building a garden… that won’t increase my home value!” That’s not always true… depending on where you live, these small additions may be highly important to potential buyers. Therefore, the overall value of your home may increase based on the local market. However, increasing your home’s value isn’t the only reason to let your Homeowners Insurance agent know about home improvement projects.

Home Improvement projects such as the installation of a pool should be discussed with your Homeowners Insurance agent due to the increased risk you may face. While a pool may increase the value of your home, it also increases the chance of someone being injured on your property. Increasing your home’s liability coverage can prevent you from being sued in the event of an injury.

Will My Insurance Policy Increase With Home Improvements?

No, not always! That’s why it’s important to discuss any home improvements with your Homeowners Insurance Agent. They will be able to guide you on the right path and advise you on what improvements will save you money, increase your home’s value and decrease liability. Improvements such as a new roof or upgraded appliances can help to decrease your insurance policy premium while building an addition may increase your policy.

Bogle Agency Insurance Agents Know Homeowners Policies!

Contact a Bogle Agency Insurance Agent today to discuss your future home improvement plans. The agents here at Bogle Agency Insurance are experienced in Homeowners Insurance and can help you plan and organize your ideas for future home improvement projects to ensure you’re saving money, keeping yourself covered and increasing your home value!

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Cyber Insurance for Businesses

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Cyber Insurance Becoming Increasingly Important for Businesses to Have

Cyber insurance NJ
Bogle Agency Insurance, serving insurance needs for business and individuals

Cyber insurance is becoming an important resource for businesses to have. Cyber threats and attacks are becoming more and more commonplace.  Because of this, insurance needs have grown and changed.  However, not every business has adequate defense against such action. As a result, cyber insurance coverage should be considered a critical NJ business insurance policy to have.

New Jersey Cyber Insurance proves to be even more important for small businesses. While many large companies have a dedicated tech team, often smaller businesses do not. Many small businesses don’t have the budget or think cybersecurity is an unnecessary extra. As a result, small businesses can be more vulnerable, and hackers know this!

Small businesses are a target for cyber attacks

Small businesses are a target for cybercriminals because of their vulnerability. Likewise, many small businesses do not have the resources needed to recover from cybersecurity attacks. Luckily, the proper insurance coverage alleviates this stress. Sit down with an experienced NJ insurance agent from Bogle Agency Insurance today to discuss whether your business insurance covers cyber breaches.

What can you expect from a New Jersey business insurance policy? Insurance is designed to protect your presence on the internet. Policies differ to meet varying needs. Some companies need to be protected against hackers while others need to protect their intellectual content. A cyber insurance policy can offer security and peace of mind when it comes to small business vulnerability. Best of all, cyber insurance can cover business interruption if something ever happens.

Learn more about cyber insurance for your business

Cyber crimes offer a real threat to your business and knowing protection is in place offers peace of mind. Contact our team at Bogle Agency Insurance today and learn more about cyber insurance options from experienced Lyndhurst NJ insurance agents. Our goal is to inform you and help you.  Let us design a coverage package that meets your individual needs. Cyber insurance is becoming more important for businesses to have and we want to make sure your business is protected.

Click here to read “Does your business need cyber liability insurance?” from Biz Journals.