homeowners insurance and home renovations

The number of Americans remodeling their homes is expected to increase in 2012, and the need for updating their insurance polices will likely rise as well. It’s important to have the right amount and type of homeowners insurance both during and after the renovation, according to the Insurance Information Institute. A study by the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University predicts that there will be a 5.9 increase…