Spring and summer see nearly 12 million more emergency room visits per year than fall and winter, according to the U.S. Centers for Disease Control and Prevention (CDC). So, before you go on the next big summer adventure, make sure you and your family are protected. Here are some tips on how to protect yourself this summer with insurance.
Summer is synonymous with physical activities and sports like volleyball, basketball, bicycling, soccer and more. While getting in on a pickup game or riding your bike on a lakefront trail is enjoyable, these activities can also increase the potential for accidents. To mitigate risk, you need to practice safety. You should also review your health insurance coverage and co-pays. Health insurance can help to cover immediate treatment, emergency room or urgent care center visits should something happen. Having health insurance doesn’t mean you have 100% coverage, so be sure to review your plan to understand what your out-of-pocket costs could be. Short-term disability insurance is another option to look into, and is often offered as part of your health benefits package provided by your employer. Short-term disability benefits and plans vary, so be sure to check with your plan provider for details.
If you plan to make renovations to your home this summer, it’s important that the contractors you hire are licensed, have liability insurance, and workers’ compensation to cover themselves and their employees, should someone get injured while working on your property. Any subcontractors hired should also have insurance.
Pools and Trampolines
Summer often sees the return of trampolines and pools. While they provide hours of enjoyment in the summer, they can be dangerous. Many people are injured or killed in accidents involving pools and trampolines every summer. For that reason, insurance companies can have strict rules for both. Contact your homeowners insurance agent for information about pool regulations and coverage. Not every insurance company will cover pool or trampoline injuries, and they may deny coverage or cancel your policy if you fail to follow the safety guidelines or don’t let them know you’ve purchased a pool or trampoline.
Summer is storm season, especially if you live on a coast. Homeowners insurance typically doesn’t cover flooding, so you may want to think about purchasing a separate flood policy to protect your valuables.
Boats and Other Watercraft
If you have a small boat, like a kayak or canoe, some homeowners insurance policies will cover it up to a certain amount. It may not be much, especially if the boat sustains damage. Large boats are rarely covered, so you may need separate boat insurance to provide protection. If you have a jet ski, that may require a separate policy. Make sure you find out what options you have before you launch. A boat insurance policy can give you 1) liability coverage if a passenger is injured on your boat, 2) coverage if someone is injured by the boat and 3) coverage for any damage to your boat. You may also be able to suspend these policies when your boat is not in use. Read your policy carefully and talk to your agent to fully understand your policies.
Whether you’re going away for a long summer vacation, it’s important to be protected while traveling. If you don’t have travelers’ insurance or a home insurance policy that covers your belongings while you’re away, you should strongly consider it. If you do have a policy, check to see what it covers before leaving for your trip. Many homeowner policies will protect you even while you’re not at home, but some do not. You should also be aware of any deductibles and limits on belongings. If you’re traveling with valuables, you might consider buying separate coverage for them. Contact your agent or insurance company to find out what’s covered under your policy.