How to Avoid Falling Victim to Contractor Fraud

A hammer lying next to bent nails. A failed attempt at hammering nails into a board, meant to represent contractor fraud.Home repairs, renovations, and remodeling are pricey, and finding someone to do the job within your budget can be challenging. However, cutting corners when hiring a contractor can cost you more than your potential savings. Shady contractors often take advantage of regions recovering from hurricanes or suffering from price inflation to cash in on substandard or incomplete work. While most contractors work in good faith, you should learn what it takes to avoid falling victim to contractor fraud for the sake of your wallet. [Read more…]

Do Renovations Affect Your Homeowners Insurance Rates?

Worker doing renovations to his home by installing vinyl flooringWhether you’re remodeling your bathroom or building a back porch, renovations are a great way to raise your home’s value. However, since you’re increasing the home’s market value, it’s always a good idea to reevaluate your homeowner’s insurance to ensure you are properly covered at the best rates. Moreover, while some renovations increase your rates, others may grant you discounts and savings on homeowners insurance. Read on to discover the types of renovations that affect your homeowners insurance rates and what additional policies can protect you during construction. [Read more…]