I Bought a Vacation Home…Now What?
You only dreamed of it but now it’s true, you finally have bought a vacation home. Whether it is a beachfront property or a ski-lodge, it is a retreat to relax and recharge from the daily grind of work, responsibilities, etc. The beauty of living in the Northeast is that your vacation home can be close to home, but still allow you to get away. With this great luxury also comes great responsibility, too. There are many new factors to take into consideration in order to ensure your dream getaway doesn’t turn into a nightmare.
First, be sure to make sure that your house is secure for all of the time you are not using it. This means 
purchasing proper locks, securing valuables, and a comprehensive security system. Doing so can provide you with some peace of mind that your vacation home is safe while you are gone. These minor steps might seem costly, especially after purchasing a vacation home, but they should be viewed as an investment in the greater future. When it comes to something like a security system, make sure to tell your insurance agent, this could save you money on your home insurance.
Another issue to be aware of is fires, natural disasters, and other unforeseen problems. To limit this, make sure that your home has proper fire protection, smoke detectors and is properly sound to a disaster. An inspector can be quite useful in this category to make sure that your home is as safe as possible for unpredictable weather or accidents. Especially if your home is on the coast, you may want to look into flood insurance for your home. You basic homeowners insurance policy would not cover for flood damage.
Another important step is looking into proper coverage for this home. Speak with an agent for proper coverage information on what home insurance policy would work best for a vacation home. Provide information on the residence, such as the amount of time it is in use, location, etc. Give us a call at 1.888.865.1244 or visit us at encharter.com if you would like some more information!
Looking for additional flood insurance information? Check out our Flood Resource Center.
Read More
Recent Comments