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Kiplinger
Kiplinger
Business
Joey Solitro

Some Americans Put Their Home Insurance Policies at Risk By Delaying Repairs, Survey Finds

Woman scraping wall during home renovation

While many Americans are now up to date on their routine home maintenance work, many delayed making repairs and even necessary renovations in the last year to save money, a decision that puts their homeowners policies at risk, according to a recent survey by Nationwide.

The survey of 1,000 homeowners and 400 independent insurance agents conducted from May 15 to June 2, revealed that about 85% of homeowners say they are up-to-date on routine maintenance repairs and about 70% say they regularly perform routine tasks to prevent issues from occurring.

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