You’re not alone if you’re planning on making improvement to your home or have done so in the past few years. Have you made improvements to your home in the past few years?
Home remodeling spending in the United States totaled roughly $315 billion in 2017 and rose to nearly 8% in 2018, with no let up in sight.
So if you’re in this group or will be soon, be sure to tell your homeowners insurance company about the updates to determine whether you need to purchase more insurance reflecting your home’s increased value.
