One of the perks of homeownership is that you can make your space your own. With no landlord looming, you can rip out the existing countertops or paint the walls red. However, some renovations have implications for your home insurance premiums. Before you install a pool or update the room, you may want to consider if your insurance rate will go up or down as a result. Bankrate’s insurance editorial team has identified seven popular home renovation projects that can influence the cost of home insurance


