Rising home values could leave Kentucky owners underinsured

Rising home values could leave Kentucky owners underinsured

A decade of rising home prices across the United States has created new challenges for homeowners, particularly when it comes to adequate insurance coverage.Nationwide, Zillow reports a 29% increase in home values since 2020, while Kentucky has seen some areas experience home sales increases of up to 50% since the pandemic began.This dramatic rise in property values has put homeownership out of reach for many potential buyers, while existing hom…