A vacation home can provide a great setting for creating memorable family experiences. However, this can only happen as long as you ensure you have the proper insurance coverage for your specific needs, especially since this responsibility rests with both the renter and the homeowner.

Renter’s Responsibility

As a traveler and a renter, you should be covered by your homeowner’s insurance policy in two ways:

  • Liability: In the event that you accidentally damage someone else’s property, your homeowner’s insurance policy will help to pay for the damage.
  • Personal property: Your homeowner’s insurance policy will protect your personal belongings, even when you are away from home. However, it is important to understand that your coverage limits may be lower in this case. Additionally, any recreational equipment, such as boats, will typically requires a separate insurance policy.

Homeowner’s Responsibility

As the owner of the rental property, you should ensure you have proper coverage for your home, protecting you and your personal property. And, if you are renting from a homeowner, it is also equally important to ensure that the owner has a homeowners policy with appropriate liability coverage, in case anyone is injured on the property as a result of owner negligence. In addition, a homeowner’s insurance policy should also cover any damage to the home that may occur from natural disasters, such as hurricanes and wind storms.

Be sure to consult with your insurance agent in order to ensure you have the coverage you need. If you have any questions or need help with your renter’s or homeowner’s insurance policy, contact Brazelton Insurance Group today!