Did you ever wonder why insurance companies want to know if your property is your primary residence?
There are so many things that could go wrong in a home that is left vacant. Sometimes it could be weeks, months or even years before damage is discovered, and by that time it’s bad news. If you have a rental property that can be vacant for a while in between tenants or a vacation home that you don’t visit often, do you have proper coverage and a plan in place? We can help you find the best policy to ensure your property is protected. Did you know you need special coverage in order to rent to someone?
Don’t find yourself in sticky situation. Maybe you heard what happened recently in Montana? Now mind you, this obviously doesn’t happen often… but it did happen, so I suppose nothing is out of the question!
A family had a home built on a relative’s property while living in another state. Apparently they had a plan in place for someone to check on the house, but it hadn’t been visited in a while. Over the last month new inhabitants mooooved right in, made themselves at home and did a number to the interior. Who would’ve thought?!
Can you imagine coming home to this?!
I’m not sure how their insurance company is handling this, but I hope the outcome is a good one!
How about your rental property? If you’re one of the lucky landlords, you don’t have much time in between tenants… but if you do, are you checking in to be sure everything is in order? Anything from pests to vandals and squatters to water damage to mold can happen quicker than you think. Your neighbors don’t always know what’s happening inside your home, so damage can be severe before anyone realizes it. No one wants to walk in and find this…
…well he may be cute, but he’s not welcome. How about finding someone invaded your property and wrecked the place?
I can’t imagine how I would feel knowing I could’ve taken a few extra steps to ensure this wouldn’t happen…
Even if you are going to be away from your primary residence for a business trip or vacation you should be checking things off your preparation list. What you’ve seen today are just a few common examples of unnecessary things that can happen to your properties if left unattended for an extended period of time. Before getting yourself into a bind with avoidable insurance claims, do your part.
The next time you need a quote for your residential property you will now understand why insurance companies want to know if you are living there. They don’t want anyone to have to deal with these nuisances as much as the next person… unless you like living with cows?