While you’re making plans for a summer vacation, packing up the kids, and making arrangements for the dog, the last thing on your mind might be your homeowners insurance. You can rest assured that even though you’re on vacation, your homeowners insurance is still working for you back home. Here’s how:
It protects your personal belongings. Under Coverage C, your homeowners policy protects your personal belongings up to the policy’s limits (usually 50-70% of the insured value of your dwelling), less your deductible. If the contents of your home were to be damaged or stolen while you’re gone, you’d be covered—but did you know the personal property you bring with you on vacation is also covered? That means things like your luggage, your laptop, your golf clubs—if these items were lost or stolen while you’re on vacation, they would also be covered, again less your deductible. Note: some companies reduce off-premises coverage to a percentage of the total coverage for personal possessions, so you may want to check with your L & M Insurance Group agent if you have concerns about this.
It protects your liability. Even if you’re not home, if someone is injured on your property, the liability protection in your homeowners policy will cover you. Let’s say a friend is acting as house sitter for you while you’re away, and he or she falls and is injured. Your liability would cover this.
Or maybe you have a pool in your back yard, and some neighborhood kids decide to use it while you’re gone. Even if you’re not there and haven’t given them permission to use your pool, you could still be liable for any injuries.
(If you have someone staying in your home, or if you have a pool or a trampoline, you may need the additional liability protection of an umbrella policy.)
Your homeowners liability also covers you if you if you unintentionally hurt someone while you’re on vacation (for example, if you slice a golf ball into a fellow golfer!).
And, of course, it protects your home itself. Break-ins, vandalism, storm damage, fire—all the usual covered perils will continue to be covered while you are away.
(One thing to be aware of: standard homeowners policies do not cover floods. Since Florida is essentially one big flood zone, talk to your L & M Insurance Group agent about buying a flood policy—they’re more affordable than ever.)
It’s good to know your homeowners insurance is still working for you, even while you’re on vacation. Policy limits, exclusions, and deductibles still apply, so you should consult with your L & M Insurance Group agent to make sure you’re carrying the appropriate coverages and limits to protect your assets. Please contact us if you’d like a homeowners insurance quote, or if you have questions about what your policy covers.