Tag Archives: replacement costs

Rising Construction Costs Can Impact Your Insurance Costs

14 Aug
Businesspeople,Discuss,Remodeling,,Building,Plan,,Talk,About,Interior,Design,,Renovation

If you are starting a renovation or in the middle of a home improvement project you have probably been shocked by construction costs. Lumber, iron, steel as well as labor costs have been rising over the last year, pushing up the cost of home repairs as well as renovations. According to Verisk’s (ISO) most recent […]

Is tornado damage covered by homeowners insurance?

17 Dec
tornado-insurance-coverage

According to statistics, the United States sees about 1,000 tornadoes every year. These storms end up causing roughly $17 billion damage in property damage each year which is why carrying the proper amount of homeowners insurance is a necessity. Tornadoes can cause life changing damage and if you are uninsured or underinsured you may end […]