‘Tis finally the season to deck the halls with holiday cheer! Until you unintentionally recreate the classic scene from your favorite holiday comedy in which the characters battle no-good intruders, tumble down staircases, slip on patches of ice, and burn down the house. Unfortunately, you will not be belly laughing at these real-life holiday disasters. Instead, you will be looking at costly property damage, nursing painful injuries, and stressing over your home insurance policy.
To put your mind at ease this holiday season, review your current coverage! It most likely already covers a variety of potential holiday-related accidents, disasters, and mishaps.
You may have already heard not to put the boxes of your big-ticket items out with your recyclables around the holidays. It alerts burglars to what goodies Santa brought you. It’s sound advice as the weeks between Thanksgiving and New Year’s Day are peak season for theft.
If burglars steal property worth more than your deductible, your personal property insurance should cover the loss. However, if your presents lean toward the expensive side, you may want to increase your coverage limits. For example, if you give your wife a diamond necklace for Christmas, you might want a separate jewelry policy.
Dashing to the ER
Large gatherings make the holidays fun but can also lead to situations that leave you legally liable for property damage or injuries. For example, a rough reveler could take a tumble down your stairs. Your sweet aunt could slip and fall on the deck. Or, the feisty Chihuahua could attack your neighbor.
According to the Consumer Product Safety Commission (CPSC), holiday-related accidents send about 250 people to the ER daily. To ensure a safe, healthy, and happy holiday season, talk to your insurance agent to find out if you have enough liability insurance.
Kindling the Fire
From the twinkle of lights to the smell of fresh pine needles, holiday decorations can create a fun, merry, and memorable season in your home. Unfortunately, these trees and decorations may potentially cause injuries or pose fire hazards.
It only takes a small spark and a couple of seconds to fully engulf a live pine tree in flames. Before you know it, your entire home is on fire. According to the National Fire Protection Association, fire departments respond each year to an average of 160 fires caused by Christmas trees resulting in around $10 million in direct property damage. Common problems of electrical fires this time of year involve overloaded circuits, broken lights, and incorrect use of extension cords.
Help protect your home and family this holiday season by regularly watering your live tree and choosing fire-resistant decorations. Test that your smoke detectors and their batteries are in working condition, and have at least one fire extinguisher in your home. And most importantly, make sure your dwelling coverage is sufficient enough to rebuild your home in case of a fire.
The Most Wonderful Time for Home Insurance
As the holiday season draws near, it is easy to get caught up in the festivities, and these potential holiday mishaps may be one of the last things on your mind. By understanding your insurance policy and following a few home safety precautions, you can rest assured that your holiday plans will not turn into a movie-worthy disaster.
CONnect with us
DRS Insurance Group is an independent insurance agency located in Indialantic, Florida. Our team is here to help you with a quote, analyze your current coverage, and answer any questions you have.