If you have homeowners insurance, you know that you’re covered in the event of fire damage or if you encounter a few sticky finger thieves. Now that the holidays are right around the corner and more people will be visiting your home, it’s time to cover three potential scenarios that may happen to you this holiday season and the likely coverage that each one has:
The Thirsty College Student
Every happy holiday party has three essentials: festive lights, sweets, and a large punchbowl of spiked egg nog. Your brother’s son, a recent college freshman on winter break, dunks his moose shaped mug into the punchbowl – once…twice…three times more. As the party ends, he gets into his car, backs down your driveway and injures one of the other guests. The guest turns around and sues you.In this situation, be very careful about serving alcohol at your house. Some carriers are excluding coverage for Host Liquor Liability. This means that you as the homeowner, will have to defend yourself in court. So take the time to call your agent and confirm the language within your policy before throwing that big Holiday Celebration!!
The Brightest House on the Block
You just finished watching Christmas Vacation and you turn to your wife and say, “honey, I’m going to make our house the brightest house on the block!” She rolls her eyes and you start planning the masterpiece. Two weekends pass, and you’re on the last few strands. As you reach to staple the final light you slip off the ladder and fracture your arm. Your homeowner’s policy will not cover injuries to you, only injuries to others. This accent will fall under your health insurance coverage.
Black Friday Madness
You’ve never missed a deal on black Friday and this year wasn’t going to be your first. Your daughter asked for the new what-cha-ma-call-it and she HAS to have it. The morning of Black Friday, you turn the corner of aisle 12 and see two what-cha-ma-call-its remaining on the shelf. You don’t remember throwing an elbow and breaking the person’s wrist as you clawed to grabbed for the remaining two, but witnesses claimed otherwise. Now you’re being sued. This may be considered as an intentional act and may not be covered.
As the holiday season continues to strengthen, remember to review your policy. Give us a call and we’ll gladly let you know the nuances of your coverage.