My only remaining concern relates to a comment I received from a retired electrician. He strongly advised against this DIY project. He seemed to infer that my insurance company might deny coverage in the event of an electrical fire or other damage if I do this work myself. Is this a legitimate concern?
John
Your project is in a "Grey Area". It's sort of a repair, thus no licensed electrician is required. But, it is also an upgrade, where a permit will be required. In my locality, it would be classified as a repair.
Safest Plan:
You can obtain an inexpensive Homeowner's Permit in most jurisdictions. You will do the work and an inspector that the local building department employs or contracts will check your project and issue you a "green tag". This way, you not only have a second opinion that the work was done properly, but your insurance company cannot object.
Another bonus is that sometimes the inspector may notice something unrelated that should be corrected. Unless there is imminent danger, she can't make you do anything, just suggest. (Free education)
Paul
PS: Don't hire any electrician who checks your work for money and uses his/her license for permitting and inspections. That's shady practice- and illegal. Suppose there is a fire. How quickly do you figure the electrician is going to bail out on you?
There are a lot of permit getting "License Renters" around here.They steal work from the legitimate local tradespeople and contractors who spent years learning their trade, going to update class, paying union dues, buying equipment and insurance, etc. (And, as Afjes_2016 discussed in #14, it's a really stupid move.) When I did inspections in the commercial-industrial-hospital division, I'd see tons of license rental jobs in commercial work. One can spot them a mile away.
Having an acquaintance look at your work
informally & for free is a good idea. You get to learn good stuff. I do this often for family & friends.
Note that Do-It-Yourself is not stealing work, just good economics & a hopefully fun learning experience.)