Whether it’s taking a cruise, hopping on a flight to somewhere exotic, or taking a spring break vacation, it’s important to consider the insurance coverage you might need on your trip. For example:
- Do you plan to rent a recreational land vehicle, such as an ATV or golf cart? Most home insurance policies will cover your liability resulting from your use of rented recreational land vehicles anywhere in the world.
- Do you plan to rent watercraft, such as a jet-ski? If it’s designed for use on water instead of land, liability coverage under most home insurance companies is not as generous. For example, most policies will cover your liability for rented watercraft only if its motor is 50 horsepower or less.
- Do you plan to rent a car? While auto insurance policies typically extend liability insurance to the insured while driving a rented car, most cover accidents occurring only in a defined territory, which may be limited to the U.S., its territories and possessions, Puerto Rico, and Canada.
- Do you plan to take anything with you? Most home insurance policies will cover damage to your personal items anywhere in the world provided they are stolen or damaged by a covered cause of loss as specified in the policy. Some common vacation-related losses, such as luggage lost by airlines or damaged by hotel staff, are not covered by home insurance.
You might want to discuss upgrading your insurance policies before you leave. Your insurance agent can provide clarification if you have questions about what your policies cover. If you have any questions, please contact the Hills Insurance Agency. We’d be happy to assist you!Reprinted with permission, The Mines Press, Inc. Volume 43, Issue 6
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