Summertime activities bring with them a certain amount of risk. Enjoy the fun with less worry by making sure you’re properly insured for all the things you want to do this season.
Renting a car
Planning to rent a car for an upcoming trip? Summer months are the most dangerous time of the year for driving due to higher numbers of vehicles on the road (Insurance Institute for Highway Safety), so it’s important to understand your insurance options before you head out.
The coverage and deductibles you have on your personal auto policy may apply to a rented vehicle, but don’t assume so. Make two calls first: First, call your insurance company to clarify your coverage and deductibles. If you’ve dropped comprehensive or collision on your own car, you may not be covered if your rental is stolen or damaged. The second call goes to your credit card company. They may also offer some level of insurance protection for rental vehicles.
Your pool should have a four-foot or taller fence with self-closing and self-latching gates. For an inground pool, the yard should be fenced in.
As a pool owner, you have the burden of taking adequate measures to protect children. Even if someone comes over and uses the pool without your knowledge, you may be liable for any potential injury they may suffer from it.
You may want to increase your liability coverage through a personal umbrella policy. Be sure to talk to your insurance company so that you clearly understand the specific options, obligations, and coverages in your plan.
Renting out your home or vacation home
Many people rent out their homes as a source of extra income, but those using your home can cause damage. Some home insurance companies may provide coverage for an occasional short-term rental, but whether you rent once in a while or rent out your home regularly, be sure to contact your insurance company beforehand as you may need a rider or an entirely different kind of insurance policy to protect yourself and your property.
Member Benefits does not offer coverage for homes that are rented out to others, but we do offer coverage for vacation homes that you use yourself and do not rent out.
While they may seem appealing as a fun summer activity, be sure to understand the safety risks as well as the legal and financial risks that come with owning a trampoline. From an insurance perspective, they’re considered an attractive nuisance—something that is likely to entice children and could pose a risk of injury. If you have a trampoline or are considering purchasing one, talk to your insurer about your home policy coverage.
Like many insurers, Member Benefits does not insure homes with trampolines. However, we may be able to offer coverage through a partner provider. Ultimately, the decision to purchase or keep a trampoline comes down to evaluating risk versus reward.
Boats and recreational vehicles
According to the U.S. Coast Guard, there were 4,439 recreational boating accidents in 2021 in the U.S. Small boats such as kayaks and canoes may be covered under your home or renters insurance policy, but larger craft and items such as jet skis require a separate policy.
Talk to Member Benefits about our recreational vehicle and toy insurance options. Based on the type of item you have and the way you intend to use it, we can help you understand the best way to insure it.
Between 2014-2018, grills, hibachis, or barbecues were involved in an average of 10,600 home fires per year (National Fire Protection Association(NFPA)). July is the peak month for grill fires.
Your home policy provides financial protection, as fire is a covered peril. Be sure to maintain your grill, practice safe habits, and know what to do in case of an accident. Visit nfpa.org for grilling safety tips.
Make sure you’re properly covered! Schedule a free insurance consultation.
Or call us at 1-800-279-4030 or get an insurance quote.
Sources: Insurance Information Institute, Consumer Reports.