The other day a well respected associate shared this information with me so I will pass it on. A couple was robbed not only of all their valuables and appliances, but the robbers also took the copper wiring in the home!
To make matters much worse, the couple was told by their insurance company that their homeowners policy would not cover the loss because they had been away from the home for 3o days. I am asking my customers who have more than one home to recheck their homeowner's insurance to make sure they are covered when they are away for 3 months or more at a time.
One customer told me he is covered, however, his agent said if he puts a "For Sale" sign in front of the home, their is a "vacancy" clause which says he is not covered at that time and will need to purchase a special rider.
Have any of you heard of this before? It is better to be safe than sorry.
Have a great day,