Are you a homeowner worried about uncovering more tricks than treats this Halloween? Fortunately for you, some of the most common Halloween mishaps are covered by your existing insurance policies, according to the Insurance Information Institute (III).
Trick #1: Vandalism
On Halloween night, most homeowners dread those over-rambunctious tricksters who roam the neighborhood looking for ways to cause mischief. Luckily, your homeowners or renters insurance policy has you covered for any damage or acts of vandalism to your home or possessions. In the event your car is damaged, there coverage is provided under the optional comprehensive portion of your auto insurance policy.
Treat: Keep outside lights on to deter any mischievous activity, and consider setting up motion-sensor lights to turn on automatically whenever they detect movement.
Trick #2: Injuries
With the promise of free candy at the next house, the last thing any trick-or-treater is thinking about when running through your yard is their safety. If a Halloween party guest or trick-or-treater is injured on your property, the liability portion of your homeowners or renters insurance will provide coverage in the event the guest wishes to take legal action.
Treat: Make sure your home is well lit for any trick-or-treaters that may visit, and ensure your yard and all walkways are clear of anything that might cause someone to trip and fall.
Trick #3: Fire
Decorations are the first thing to ignite in 900 reported home fires each year, according to the National Fire Protection Association. If candles or electrically powered decorations start a fire in your home, the cost of damages will be covered by your homeowners insurance. In the event the damage is so significant that it makes your home unlivable, the policy will cover any additional living expenses, such as a hotel and grocery/restaurant fees, while repairs are being made.
Treat: Use lights that are certified by Underwriters Laboratories (UL), and make sure there is no damage to the cords or their connecting outlets. Keep a close eye on all open-flames, and use flameless candle if available.
For more information, contact McGrath Insurance Group at 800-342-3859 or visit our website at www.mcgrathinsurance.com.
*This article is written for informational purposes only and should not be construed as providing legal advice.