Does My Homeowner’s Policy Cover My Vacation Home?
It’s officially traveling season and whether you’re hoping to escape to a cabin in the mountains or settle in for a weekend undisturbed at the beach, your vacation home provides a welcome retreat. Just like your main residence, however, it’s important to protect your second home to ensure you can enjoy your vacation to the fullest. Read on to discover if your current homeowner’s insurance policy will cover your vacation home with help from our Allstate insurance center in Santa Monica and Hawthorne!
In some cases, your insurer may extend existing liability coverage to a second home but, more often than not, you will need to purchase a separate Allstate homeowner’s insurance policy to protect both the structure and your belongings inside as your vacation home differs from your primary residence in CA.
How Is Your Vacation Home Different From Your Main Home In CA?
Is your vacation home right on the waterfront or in another location more prone to disaster? Sometimes the beautiful features that can make your vacation home so appealing may be deemed riskier or more expensive to insure, thus the need for an additional home insurance policy. Second homes are also occupied far less frequently than your primary residence and generally don’t contain valuable items year-round. Due to this, homeowners’ insurance for second homes typically operates on a “named perils” basis, which means your vacation home will only be covered against events specifically outlined in your policy–for example, theft or lightning damage. Named perils may also offer coverage for other structures on your vacation home’s property like a shed, boathouse, or detached garage.
If you’re left wondering whether your current plan extends to two residences, please don’t hesitate to contact us at Sully Insurance Center. Our knowledgeable Allstate agents can help you go over your homeowner’s insurance policy and properly insure your vacation home to provide peace of mind all year.