If you considering a vacation home, it is important to remember that this home also needs to be insured at the same level (or higher) than your primary residence. In this post, Gregg S. Marcus, a Long Island Insurance Executive lists the important reasons to insure a second home.To read this post in it's entirety, click here to visit the Gregg Marcus official website.
Similar to standard homeowner’s insurance, vacation home insurance protects your second home and possessions kept there against the following named perils :Storm damage (snow, rain, hail, wind, tornadoes, etc.), fire, lightning, burglary and vandalism. Vacation home insurance also offers liability insurance to cover incidents such as a slip-and-fall accident, dog bite or other accident happening on your property. If your vacation home resides in an area with threats of severe weather or history of earthquakes, you will need to add additional perils such as flood and earthquake insurance.
Gregg S. Marcus is a Long Island-based humanitarian, philanthropist and insurance executive. If you are in need of any kind of insurance on Long Island, Gregg can assist you. He handles Property & Casualty Insurance and all business insurance as well as personal policies. In addition to business success in the insurance industry, Gregg Marcus donates his time to many charitable organizations.
Thursday, November 3, 2011
The Importance of Vacation Home Insurance
Here is an excerpt from a new blog post at GreggMarcus.com: