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It can cost more to insure a second home than to insure your primary residence. Premiums are based on a variety of factors, like the amount of time that your home will be unoccupied, its location and the liability from renting the property.

Coverage Insights: Insuring a Second Home

The importance of maintaining your property cannot be overstated when it comes to preserving your homeowners insurance coverage. With insurance carriers leveraging aerial photographs to assess property conditions, homeowners must prioritize maintenance efforts to avoid policy nonrenewal or cancellation.

Juliann Balla, Vice President / Personal Lines Manager, Knauf Maxwell Insurance Services