With all its traveling, shopping, cooking, decorating and entertaining, the holiday season carries many risks that can impact your insurance coverage. Stolen presents, slip-and-falls on icy walkways and blazes caused by roasting chestnuts and holiday candles are just a few.
The State Corporation Commission’s Bureau of Insurance reminds Virginians to make sure they include on their holiday to-do list checking with their insurance agent or company to ensure they have the insurance coverage they need in the event of an illness or mishap.
“Whether you are at home or on the road, don’t let a lack of insurance coverage put a damper on your holidays,” Virginia Insurance Commissioner Scott A. White said. “Plan for the unexpected and minimize the financial damage of holiday mishaps by reviewing and updating your insurance coverage now.”
If you are planning a holiday trip, find out what your health insurance will cover if you get sick and end up in an urgent care facility or hospital while you are out of state.
Remember to take with you on your trip health insurance information, such as identification cards and contact details for all family members.
Use extra caution to keep your home, vehicle, other belongings and personal information safe during the holidays. Know how much your auto and homeowners insurance will cover if someone steals gifts, decorations or other items from your vehicle, home or yard. Understand any deductibles or coverage limits that may apply.
Make it a New Year’s resolution to update your home inventory. This will help you ensure your homeowners or renter’s policy provides enough coverage for your belongings. Separate coverage may be needed for high-cost items such as jewelry, art or electronics. The National Association of Insurance Commissioners’ free smartphone app—myHome Scr.APP.book — makes creating a home inventory quick and easy. This app is available through iTunes and Google Play.
This is a partial article. Read the full story in The Central Virginian’s Dec. 6, 2018 issue.
Click the F2F Banner for More Posts.