Frequent travel is commonplace in today's global society, whether it's for business or pleasure. You may be surprised to learn that your home insurance provides worldwide protection for many of the things that you wouldn't expect it to cover.
So you're going on vacation. Snowbirds are people who spend their winters in a warmer climate, you may be included in that group. What about all the stuff you're taking with you - luggage, camera, golf clubs? If something happens to them while you're travelling, will your home insurance cover them? Baggage cover doesn't come cheaply, so refer to your home insurance policy first to see if your luggage is covered before paying extra money in this area, as it can make travel insurance more costly as well. It could save you a decent amount of money, and there is the added benefit of coverage if your bag is stolen in your home country.
Personal items that are taken out of the home on a temporary basis are already covered by the majority of home insurance policies. If you cause damage to someone else's property or cause them personal injury in another country, there is a good chance that your home insurance policy covers the cost of the damages.
Typical times that your home insurance would cover loss or damages:
You find yourself in the mountains in Switzerland, and your camera goes tumbling off the cliff just as you line up for the perfect photo. Covered or not covered? After the deductible is paid, the camera will be replaced if you have comprehensive home insurance, even if you are halfway across the world when you lose it.
You're spending a month in Hawaii, and accidentally hit someone in the head with your surfboard. Covered or not covered? If you have a good home insurance policy, you would be protected from a lawsuit resulting from injuring a person in another country, due to the liability insurance that is included.
It's the end of your best day of your golf trip at St. Andrews in Scotland, and join your fellow golf enthusiasts in the clubhouse for a few pints. As you're leaving, you notice that your golf clubs have been stolen. Protected here, or not? Your personal property is covered anywhere in the world, so your policy should definitely respond. However, golf clubs are considered "sporting goods", and may be limited on some policies. Your insurance advisor will help you acquire adequate insurance to cover you in these scenarios.
With your RV all packed up, you drive up the California coast for some vacation time. Your RV is broken into as you are out adventuring, and your laptop is taken, and your vehicle's flat screen is removed from the wall. Are these items insured or not? Your home insurance policy will likely cover your laptop as it was only removed from your home on a temporary basis. The TV, on the other hand, was attached to the RV, so would need to be claimed under your RV policy.
Having knowledge that your home insurance policy offers you protection as you vacation provides you some peace of mind.
So you're going on vacation. Snowbirds are people who spend their winters in a warmer climate, you may be included in that group. What about all the stuff you're taking with you - luggage, camera, golf clubs? If something happens to them while you're travelling, will your home insurance cover them? Baggage cover doesn't come cheaply, so refer to your home insurance policy first to see if your luggage is covered before paying extra money in this area, as it can make travel insurance more costly as well. It could save you a decent amount of money, and there is the added benefit of coverage if your bag is stolen in your home country.
Personal items that are taken out of the home on a temporary basis are already covered by the majority of home insurance policies. If you cause damage to someone else's property or cause them personal injury in another country, there is a good chance that your home insurance policy covers the cost of the damages.
Typical times that your home insurance would cover loss or damages:
You find yourself in the mountains in Switzerland, and your camera goes tumbling off the cliff just as you line up for the perfect photo. Covered or not covered? After the deductible is paid, the camera will be replaced if you have comprehensive home insurance, even if you are halfway across the world when you lose it.
You're spending a month in Hawaii, and accidentally hit someone in the head with your surfboard. Covered or not covered? If you have a good home insurance policy, you would be protected from a lawsuit resulting from injuring a person in another country, due to the liability insurance that is included.
It's the end of your best day of your golf trip at St. Andrews in Scotland, and join your fellow golf enthusiasts in the clubhouse for a few pints. As you're leaving, you notice that your golf clubs have been stolen. Protected here, or not? Your personal property is covered anywhere in the world, so your policy should definitely respond. However, golf clubs are considered "sporting goods", and may be limited on some policies. Your insurance advisor will help you acquire adequate insurance to cover you in these scenarios.
With your RV all packed up, you drive up the California coast for some vacation time. Your RV is broken into as you are out adventuring, and your laptop is taken, and your vehicle's flat screen is removed from the wall. Are these items insured or not? Your home insurance policy will likely cover your laptop as it was only removed from your home on a temporary basis. The TV, on the other hand, was attached to the RV, so would need to be claimed under your RV policy.
Having knowledge that your home insurance policy offers you protection as you vacation provides you some peace of mind.
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