Visit our FacebookVisit our LinkedIn
Alignable
Business License No.- 6002575
Blogs

Personal No.

714-907-6517

Business No.

714-975-5479

Email

Chris@NickersonPartnersIns.com
NickersonPartners Insurance Agency
We help the pieces fit together

Secondary Home Insurance

Don't leave everything to chance; keep yourself protected with an insurance
Get Started

Many years in business

100% customer satisfaction

Knowledgeable advisors to help you

Multiple coverage options to choose from

NickersonPartners Insurance Agency/ Secondary Home Insurance

Secondary Home Insurance Provided By Our Agency

Maybe you have a cabin in the mountains, a lake house or a beach cottage. Whether your vacation home is used as a weekend getaway or a seasonal retreat, it’s a special place you want to protect. Talk to us to know about a variety of coverage options.

Click & Learn

Longer vacancy times
Increased threat of theft
Environmental perils
Potential Guest issues
Property in your vacation home

Longer vacancy times coverage

Risk Factors

When a house isn’t your primary home, more often than not, it’s left unoccupied. Empty houses carry a higher risk of unreported (or late-reported) dangers, like leaks, fires, and vandalism.

Solution

The house owner should consider secondary home insurance to cover any unexpected perils.

Increased threat of theft coverage

Risk Factors

Houses that are even temporarily unoccupied carry a greater risk of theft. If you’re renting the home out to guests for part of the year, visitors may also pose a risk.

Solution

The house owner should consider secondary home insurance to cover any theft-related property loss.

Environmental perils coverage

Risk Factors

The features you appreciate most about your vacation home, like the waterfront view or resort location, could increase the chances that your property is affected by a natural disaster, like a hurricane, earthquake or wildfire.

Solution

You may need to purchase additional insurance coverage to protect the structure and your belongings from these types of disasters. Secondary home insurance can be opted for the same.

Potential Guest issues coverage

Risk Factors

Do you like to host guests on your property? There can be possibilities where a drunk guest injures himself or damages your neighbor’s property.

Solution

Liability insurance is included in the policy you purchase for your secondary home and protects you from accidental bodily injury to another person or damage to their property. It’ll help cover medical expenses, legal fees if you’re sued, or paying for the damage you cause to another person’s property.

Property in your vacation home coverage

Risk Factors

You work hard for everything that makes your secondary home a comfortable and entertaining place to visit. However, if any of your property is damaged, you need to pay the repair costs from your pockets.

Solution

Personal property coverage is one way to ensure you’ll have the means to repair or replace them if they’re damaged by a covered loss, such as theft, fire, lightning, and more.

What is Secondary Home Insurance?

If you own a second house, you must insure it separately from your primary residence with a homeowners insurance policy. Homeowners insurance for second residences contains the same coverages as primary home insurance; however, ensuring a secondary residence is more expensive due to the increased risk of insurance claims. Furthermore, how frequently your vacation property is vacant, where it is located, and if you rent it all impact your prices.

What are the types of Secondary Home Insurance coverages?

A second home insurance policy will provide the following coverages:

  • Dwelling coverage protects the structure of your secondary home against risks such as fire, weather-related damage, and theft.
  • Coverage for additional structures on your property, including gardening sheds, garages, and boat docks.
  • Personal property coverage protects your things at your second home, including furniture, clothing, kitchenware, and other items.
  • Loss of use coverage pays for additional living expenses if your second home becomes uninhabitable due to a covered loss and you must temporarily relocate.
  • Personal liability insurance pays for legal and medical expenses if you are legally held liable for someone else's injury or property damage.
  • Medical payments coverage pays for guests' medical expenses if injured on your property.

Why is Secondary Home Insurance important?

Second homes provide a respite from weekday life and are a good investment. However, they also present more of an insurance risk than your primary residence—the fact that you don't physically occupy your second home frequently puts it in more danger of theft, vandalism, and easily undetected damage, like burst water pipes.

Ready to find the right coverage for your vacation home? Reach out to us; we are ready to help you discover the coverages you need to ensure your second home is adequately protected.

Already have Secondary Home Insurance? Switching is easy

It might be time to switch insurers whenever the service that your existing insurer provides doesn’t meet your needs. For example, if you have a poor claims experience or an unexplained rate increase, it might be time to consider other options

If you cancel a previous policy before a new policy is effective, you could run into some serious financial problems.

Contact us today to help you with multiple options to choose from.
Request a Quote

Get Personalized  Insurance

Name(Required)
This field is for validation purposes and should be left unchanged.
© 2024 NickersonPartners Insurance Agency Designed by Amplispot
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram Skip to content