Laura Zietz August 28, 2021
Recent events (including the global pandemic) have impacted everything from building materials to insurance premiums. Heightened demand and reduced material production have increased the cost of construction materials, especially lumber. As these costs continue to rise, so does your homeowner’s insurance replacement cost.
If you haven’t recently reviewed your homeowner’s insurance coverage, we recommend doing so soon! Give your insurance provider a call to double check that you are adequately covered. Given the rise in home values as well as material costs, you likely need to adjust your policy.
Information via Live Distinct*
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