The cost of buying and installing home building supplies is going through the roof, and it may leave you without enough insurance to rebuild should disaster strike. Lumber and other construction material prices have skyrocketed, and so has the cost of labor as the building industry struggles with a manpower shortfall. These issues are adding…Read more
Home Renovation and Homeowners Insurance
Americans who were cooped up at home during stay-at home orders since the pandemic started have been busy renovating their homes in record numbers. Home renovation spending grew 15% in the last year to a median $15,000, according to a survey by home renovation website Houzz. It also found that higher-budget projects (accounting for the…Read more
