The leaves have fallen, the temperature has dropped, and your bags are packed: you’re off in search of sunnier climes. Whether you’re planning a weeks-long retreat or a short-term getaway, the following tips can help protect you from home insurance risks and give you some peace of mind away.
#1: Protect your pipes
Canadian winters and sub-zero temperatures can freeze and cause your pipes to burst. If you leave your water supply on while you are gone, it might expose you to potential insurance risks. Shut off your water supply and drain the pipes and domestic water containers. This small effort could save you money and stress in the long run.
#2: Enlist backup
Locking up your house doesn’t mean your home is entirely safe. Do you have a friend or neighbour that can check in on your property regularly? This goes beyond simply keeping plants alive. By maintaining activity, you can help keep potential intruders away. Regular visits may also help detect anything abnormal before it can progress – for instance, a leak.
#3: Take stock
Over time, the value of the things inside your home can change and a major purchase can affect the scope of your existing insurance coverage. While this should always prompt a chat with your broker, going away is a great opportunity to take stock of what you have, what it’s worth, and whether or not you have the right coverage. That way, should damage or theft happen while you’re away, you will have one less thing to worry about.
#4: Check your wheels
For many travellers a car or motorhome is the way to see the sights. If you are one of these, people, do you have the right insurance for your vehicle? Keep in mind, crossing borders into different provinces or countries could impact your coverage. A quick phone call with your broker can help verify this.
After following these tips, you and your family can focus on what matters most: your trip. And if you have any questions, talk to your insurance provider before setting out. Bon voyage!
Insurance is Evolving – Things to Do Before Going on Vacation
Insurance Bureau of Canada – All About Home Insurance: http://assets.ibc.ca/Documents/Brochures/All-about-Home-Insurance.pdf
Insurance Bureau of Canada – Crisis Management
Insurance Bureau of Canada – All About Auto Insurance: http://assets.ibc.ca/Documents/Brochures/All-about-auto-Insurance.pdf