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Salvador Insurance Agency

December 6, 2023
Salvador Insurance Agency

Should Homeowners Purchase a Builders Risk Policy for Renovations?

Americans spent $420 billion in 2020 on remodeling their homes, according to the National Association of Realtors “2022 Remodeling Impact Report,” with the most commonly undertaken renovations being the kitchen, bathroom, home additions, flooring and painting upgrades. In 2020, the U.S. home remodeling market generated $340 billion in revenue, with a 4.1% projected growth through […]
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