Before You Take Off
Our home and all our possessions are the most vulnerable when we are away. With a contents insurance policy, we can have the peace of mind that our investment is protected when we’re away on a long holiday. However, it isn’t uncommon that insurance pay out is withheld in the event something does happen while you’re away, and if you’re not fully aware of what your policy covers, you could be taken off guard.
Because our home is the most susceptible to criminal activity when we’re gone for long periods of time, we would rely on our contents insurance policy to protect us. Unfortunately, some insurance policies exclude coverage in the scenario where you are away from your home. This is an attempt to avoid payout when something does happen, and can leave you devastated without you realizing you didn’t have coverage. The best thing you can do is check your policy before you leave, and make sure that it’s still valid when you are away for extended periods of time. Your policy can be very specific about it’s requirements to insure that you still have coverage, and without knowing these details you can be left with no compensation for your home’s contents.