Importance of Renters & Homeowners Insurance During the Holiday Season

During the holiday season, we find ourselves decorating our homes with Christmas trees, lighting the menorah for Hanukkah, and filling our homes with gifts for loved ones. Since this time of the year is busiest, it’s very easy to forget to review and check your renters, and homeowners’ insurance coverage. The holiday season is one of the most common times for burglaries and other in-home accidents. 60 percent of renters do not have renters’ insurance according to Rent.com in 2013.It is important to make sure you are covered in event an incident does occur, because events that happen within your home are your responsibility. Here is some insight and tips on why reviewing your coverage is so important during the holiday season, and the rest of the year.

  1. As we touched on in our previous November blog about home fires during Thanksgiving, home fires are JUST as frequent during the holiday season. The Christmas trees, candles, and space heaters within your home this winter can definitely put your home at risk. Be sure to remember to blow out any candles and turn off space heaters when you leave the room and, water your Christmas trees to keep them from drying out.

 

  1. Burglaries are EXTREMELY common during the holiday season. The holiday season is known as the “season for giving”, which means our homes and cars will be full of gifts to give to our loved ones. In order to secure these gifts and lower the chances of a break-in, keep valuables out of sight. In your car, put your shopping bags in your trunk, or slide the bags under the seat. Make sure your home is locked including all doors and windows with or without you in it.

 

  1. Slip-and-falls due to hazardous winter weather. During the winter months, snow and ice are often tracked inside causing the floor within your home to be slippery. To avoid any personal or visitor injuries, keep a rug by the door for a place to wipe wet feet off, and salt all walkways. In case that you have an accident due to slipping and falling, you are more than likely covered by your health insurance policy, but visitors are not. This is exactly why it is so important to make sure you have renters and homeowners’ insurance to cover incidents with visitors.

All of these incidents listed above can all be covered with renters’ and homeowners’ insurance. Renters’ and homeowners’ insurance is very affordable, and definitely worth the peace of mind during the holiday season and year-round.