If you are not sure if you have off-premise protection on your homeowners insurance policy, now would be a great time to check. Many people wait until they have a claim, and then find out they do not carry this type of protection. Off-premise protection is the insurance coverage that will take care of your possessions if you are away from home. If you often travel for business or pleasure, or if you have a child who is away at college, this type of coverage is even more important.
Sometimes, when traveling, the airline will lose your luggage or your possessions could even be stolen while on vacation. Even if you are careful to always watch over your items while you are away from home, it is not difficult for someone to steal your laptop or new iPhone. When this occurs, if you have off-premise coverage as part of your homeowners insurance, you will be able to make a claim and replace your items quickly. Also, if you have a child who is living in a college dorm, if his personal property is stolen or destroyed, your homeowners insurance will take care of the loss. Although, once your child moves to an off campus apartment, he will need to get his own renter’s insurance.
After checking your policy, if you find that you do not have this type of off-premise protection, think about comparing quotes online and finding an insurance carrier that offers this coverage for an affordable price. Comparing quotes online is the best way to make sure you are getting the best rate available. Do not wait to find out if you have the protection you need until it is too late. Make sure your policy gives you the protection you need and the peace of mind you deserve.