Owning a vacation home is a dream for many, but it’s important to understand the unique insurance needs involved. Protecting a vacation home near Albany, NY is slightly different from insuring your primary residence. Here’s what you should know if insuring a vacation home in the area.
Personal Property Coverage May Be Optional
If your vacation home is more like an unfurnished cabin, you likely don’t need personal property coverage for the place. You also may not need personal property coverage through a vacation home insurance policy if you already have sufficient coverage through your primary homeowner’s insurance policy.
Vacant Property Coverage
Most people who have vacation homes leave their place unoccupied for several months at a time. Your vacation home policy probably needs to include vacant property coverage to ensure your place is still insured even when not used during the offseason.
Protection Against Frozen Pipes
Harsh winters in Albany, NY, make frozen pipes a significant risk. A frozen pipe can be especially damaging if you aren’t around to see the pipe freeze, break, and leak.
To protect against the costs of remedying such damage, look for a vacation home insurance policy that includes coverage for frozen pipes. At Toedt Insurance Agency LLC, we can help you find a policy that offers this protection.
The Right Coverage for Your Needs
Factors like your vacation home’s location, amenities, and how often you use it further affect your insurance needs. To make sure you find insurance that matches your place’s specific needs, let us at Toedt Insurance Agency LLC help you find the right vacation home policy.
