Homeownership costs are rising significantly, causing homeowners to delay renovations and repairs. A survey indicates that over 70% of homeowners postponed renovations in 2025, primarily due to budget concerns and fear of insurance claims. Many homeowners, particularly younger ones, worry that filing claims may result in inspections they cannot pass. This delay can exacerbate minor issues, potentially leading to substantial structural damage and higher costs. Homeowners risk denial of insurance claims if they neglect repairs, which can lead to major financial repercussions in the future.
Delaying repairs or avoiding claims could also reduce your insurance payout or leave you footing a much larger bill down the line.
Nearly 1 in 4 homeowners say they've avoided filing a home insurance claim out of concern that it might trigger an inspection that they wouldn't be able to pass.
What starts as a minor leak or a loose shingle can turn into serious structural damage, mold, or even a full roof replacement if left unaddressed.
Rising labor and material prices, inflation, and broader economic uncertainty have made it harder to afford professional renovations.
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