If you own more than one home, you probably know how important it is to protect your investments with insurance. A typical homeowners insurance policy requires that you or somebody from your family live in the home while it’s covered, though. So what can you do if you only occupy your second home for a few months of the year? You need second home insurance.
This type of insurance policy will cover many of the same things as a regular home insurance policy, but it’s specially made for people who own more than one home. This makes it perfect for vacation homes or beach homes.
Keep in mind that you should usually purchase insurance from the company you have your primary home insurance with, since this can get you a discount. Other ways to save on a second home insurance policy are to have an alarm system and to show your insurance company that the town the home is in has a good fire department.