Owning a vacation home can be rewarding, providing your family with a relaxing getaway all year round. The top way to keep your investment safe is to have insurance on the home. By having insurance on your vacation home, you will mitigate financial risks, which will provide you with much peace of mind. Here are a few more reasons you should keep insurance on your winter vacation home.
During the winter months, ice and snow can cause damage to your roof.
Trees can fall due to the weight of ice and snow
Freezing temperatures can cause pipes to burst, causing major damage and mold.
Fires are more common in the winter months because of the dry air and heating appliances.
Hail can cause major damage to your porches, siding, and roof.
Please note that not all insurance policies will provide coverage for the claims relevant to the instances listed above. The best way to determine what your insurance does and does not cover is to speak with an insurance specialist. There is no way to prevent winter storms but by having insurance on your vacation home, you can mitigate the risk of out of pocket expenses for damages on the property. This is why it is so important to take the time to find the best insurance for your vacation home so that you are fully covered and prepared for what winter brings. Plus, if you have a mortgage on your vacation home, your lender may mandate that you keep insurance on it. So, not only will you be providing protection for your home, but you will also be staying in compliance with your lender’s requirements. If you would like more information on protecting your winter vacation home with insurance, please contact the Advantage Insurance Network serving the Cincinnati, OH area.