A major renovation is one of the biggest investments you'll make in your home. But what happens if your contractor walks off the job, materials are stolen, or workmanship fails after the project ends? That's where home improvement insurance comes in.

What is home improvement insurance?

Unlike standard homeowners insurance, which covers your existing structure, home improvement insurance is designed specifically for the renovation phase. It protects you from risks that are unique to construction projects.

43% of homeowners reported at least one issue with their contractor – including delays, damage, or incomplete work. Improvement insurance is your safety net.

Three critical coverages you need

1. Contractor default

If your contractor abandons the project, goes bankrupt, or fails to complete the work per contract, contractor default coverage reimburses you for financial losses – including payments made and the cost to hire a replacement.

2. Material damage & theft

Construction materials are expensive and vulnerable. This coverage protects against theft, vandalism, fire, or weather damage to materials stored on-site or in transit.

3. Warranty extension

Many builder warranties last only one year. Our improvement insurance extends that coverage up to three additional years, covering defects in materials and workmanship after the project is complete.

Starting a renovation soon?

Get a free quote for home improvement insurance in under 5 minutes.

Check your coverage

Real-world example

When a Denver family hired a contractor for a $75,000 kitchen remodel, the contractor vanished after demolishing the old kitchen. Their improvement policy covered the $45,000 they'd already paid and helped them hire a new contractor to finish the work. Without it, they would have faced a massive financial loss and a half-finished kitchen.

Do you need it?

If your renovation involves:

  • Any contractor (licensed or independent)
  • Materials stored on-site
  • Structural changes or new construction
  • A budget over $10,000

Then home improvement insurance is a wise investment. The cost is typically a small fraction of your project budget.

Quick tip: Vet your contractor

Always check licenses, insurance, and references. But even the best contractors can face unexpected issues – insurance protects you regardless.

How to get covered

You can add improvement insurance as a standalone policy or bundle it with your existing home insurance for savings. We'll ask about your project scope, contractor, budget, and timeline to tailor the right coverage.