Your seasonal property is where you go to get away from it all, so let us worry about your insurance so you can truly relax.
Insuring your cottage or cabin is similar to insurance your home, and depending on how much time you spend at your cottage, you can purchase a homeowner’s policy for it. While a cottage is similar to insure, a few other items to consider for insuring your seasonal property are:
- Property values - The policy limits of your cottage or cabin are often overlooked by owners, and the policies tend to be renewed without review. Rebuilding costs change year to year, which means it’s essential that you consider the limit of insurance on your cottage on an annual basis.
- Contents - Depending on your policy, you may have inadequate coverage for your belongings at the cottage.
- Wood stove - A wood stove must be reported to your insurance broker and WETT inspected by a certified professional.
- Outbuildings - You should review whether your policy lists all of your outbuildings and provides adequate limits for them. An outbuilding could be a boathouse, shed, or any other detached structure.
If you are interested in a comprehensive, no-obligation review of your seasonal insurance policy, contact us today. We look forward to discussing your options with you.
