As many Americans face months stuck indoors, some are using their time to upgrade their surroundings. Office equipment purchases are on the rise, and people are tackling renovation projects.
Significant home improvements can leave you underinsured. If you’re considering making changes to your home — or if you already have — it’s smart to revisit your homeowners or renters policy.
TELL YOUR INSURER ABOUT YOUR PLANS: There’s a good chance you’re underinsured before you even make changes, according to Don Griffin, vice president of personal lines at American Property Casualty Insurance Association. Talk to your insurer before making any expensive purchases or changes to your home to inform the company of your plans and clarify your policy’s current coverages and limits. If your home costs more to replace after you’ve improved it, some insurers will pay the new expense to rebuild, but “that’s not every policy, and it may not
A majority of young adults in America now live at home with their parents for the first time since the Great Depression. Millions of school children are engaged only in remote learning. The continued spread of Covid-19 means that most of us are working from home, if at all, and limited in our ability to get out of the house and socialize. Almost all of us are losing our minds as we enter the eighth month of a global pandemic that has utterly upended our lives – with no end in sight.
Look no further than these 5 innovative, health conscious, adult-oriented products that are designed to alleviate stress and provide you with some well-deserved fun, relaxation, and relief during a difficult moment in world history:
Lawnmowers priced at $3,000 are atypical bestsellers in recessions. But sales of the Ariens Ikon XD, featuring 20-inch tires, a V-twin Kawasaki engine and ergonomic plush seat, have surged in the U.S. during the pandemic.
While other industries grapple with a shaky economy, the home improvement business is booming. Home Depot and Lowe’s last week reported historically large rises in quarterly revenues as housebound Americans spend billions of dollars more than usual at the two go-to chains for DIY.
“Most of us are forced to spend more time at home than we ever have in our lifetimes,” said Marvin Ellison, Lowe’s chief executive, presenting a 34% jump in like-for-like sales. Customers had been “finding projects around the house” that they either “hadn’t had a chance to get to” or “just didn’t notice” before the lockdown.
Craig Menear, chairman and chief executive of Home Depot, said the pandemic had meant “the