Remodeling? Make Sure Your Insurance is Up to Par

Real Estate Broker/Owner with The Rich Group at Compass CalBRE Lic# 00782527

Remodeling? Make Sure Your Insurance is Up to Par

According to the BuildFax Remodeling Index (BFRI), remodeling reached a record high during the month of July. The company attributes this to the many who are choosing to stay put and invest in home improvements, as opposed to putting their home on the market.

The latest BFRI indicates that residential remodeling activity registered the 21st-straight month of year-over-year gains, demonstrating that many Americans are continuing to remodel their current homes. The data shows July 2011 as the month with the highest level of remodeling activity since the Index was introduced in 2004.

When it comes to remodeling your home, there are important insurance issues to take into consideration. For example...[read more...]

Anita Rich

Keller Williams Realty
Office: 818-432-1565
Mobile: 818-632-2258

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Stephen Proski
RE/MAX Scottsdale, AZ Real Estate - Scottsdale, AZ
Scottsdale Homes For Sale

Anita you hit a subject that most consumers fail to take into consideration.  Consumers will throw in the money do the work, and forget about notifying their insurance company, why because they probably don't want to pay for the increased premium.  Like when the home values were increasing by leaps and bounds a few years ago, homeowners never increased their policy coverage.

Sep 21, 2011 04:45 AM #1
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