The Impact of Holiday Travel on Homeowners Insurance

As the holiday season approaches, many homeowners look forward to traveling to visit loved ones or enjoy a well-deserved vacation. However, it’s essential to understand how holiday travel can impact homeowners insurance and what steps you can take to help ensure you have adequate coverage.

Theft and Vandalism

An unoccupied home can be a target for thieves and vandals. Homeowners should be aware that most standard homeowners insurance policies cover theft and vandalism, but there are conditions. For instance, if a home is left unoccupied for an extended period, some policies may require additional endorsements or riders to maintain coverage. Installing security systems, using smart home devices to create the illusion of occupancy and notifying neighbors can help reduce the risk and may even qualify for insurance discounts.

Winter Storm Damage

Winter travel often coincides with harsh weather conditions, increasing the risk of damage from winter storms. Burst pipes, roof damage from heavy snow and other weather-related incidents are common concerns. Homeowners should ensure their policy covers such events and take preventive measures like insulating pipes, maintaining a minimum home temperature and arranging for someone to check on the property. Some insurers may require proof of regular maintenance to honor claims related to winter storm damage.

Homeowners Insurance Policy Review and Updates

Before heading out for the holidays, it’s crucial to review your homeowners insurance policy. Check for any exclusions or limitations regarding unoccupied homes and consider updating your coverage to reflect any recent home improvements or valuable acquisitions. Understanding the specifics of your policy can prevent unpleasant surprises in the event of a claim.

Preventive Measures

Taking proactive steps can significantly reduce the risk of incidents while you’re away. This includes ensuring all holiday decorations are turned off or extinguished, securing all entry points and possibly investing in a home monitoring service. Additionally, informing your insurance provider about your travel plans can sometimes offer additional peace of mind.

Learn More About Homeowners Insurance

Contact James V. Funaro Agency to discuss your insurance portfolio.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.