Comments on: Remodeling? Make sure you are covered http://www.3poundsofrealestate.com/2007/11/04/remodeling-make-sure-you-are-covered/ Awesome Resource For Real Estate Info Sat, 22 Nov 2008 13:32:09 +0000 http://wordpress.org/?v=2.3 By: Marsha Berenson http://www.3poundsofrealestate.com/2007/11/04/remodeling-make-sure-you-are-covered/#comment-45 Marsha Berenson Tue, 06 Nov 2007 14:15:06 +0000 http://www.3poundsofrealestate.com/2007/11/04/remodeling-make-sure-you-are-covered/#comment-45 Hello. Thank you for bringing the important issue of undervaluation and underinsurance to your readers. Just to update you on the current status of home underinsurance, the most current (2006) statistics from Marshall & Swift / Boeckh show that an estimated 58% of American homes are undervalued for insurance purposes by an average of 21%. These numbers have imporved significantly since the 2003 figures you have cited in your article, but more can be done. Homeowners - remember to let your agents know about your remodeling projects! It's better to pay a bit more in premium than to find out after the ashes have cooled that you don't have enough to rebuild! Marsha Berenson Media Coordinator Marshall & Swift / Boeckh www.msbinfo.com; www.accucoverage.com Hello. Thank you for bringing the important issue of undervaluation and underinsurance to your readers.

Just to update you on the current status of home underinsurance, the most current (2006) statistics from Marshall & Swift / Boeckh show that an estimated 58% of American homes are undervalued for insurance purposes by an average of 21%. These numbers have imporved significantly since the 2003 figures you have cited in your article, but more can be done.

Homeowners - remember to let your agents know about your remodeling projects! It’s better to pay a bit more in premium than to find out after the ashes have cooled that you don’t have enough to rebuild!

Marsha Berenson
Media Coordinator
Marshall & Swift / Boeckh
www.msbinfo.com; www.accucoverage.com

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