As travel within Canada and internationally resumes, you may be already have plans for your next vacation. Leading up to it, there are some important steps to take for protecting your property prior to leaving home.
Most homeowner insurance policies will require you to have someone check on your home if you are away for longer than five days. Be sure to alert your Personal Insurance Advisor as terms and conditions will vary between companies (some may call for inspections even more often). Even if your policy does not have any specific requirements or provisions, it is always wise to leave a key with a neighbour or someone you trust and make sure they have your contact information should any issues arise.
In addition, here are six simple steps to protect your property while you're away:
CONSIDER THE ELEMENTS.
One of the biggest causes of property loss in the winter is frozen water in pipes. In an unoccupied home, burst pipes can leak for days before they are detected.
UNPLUG AND SAVE.
This will help prevent any problems that might arise from a water leak in your absence and may help mitigate costly repairs upon your return.
RESET YOUR THERMOSTAT.
Turning your thermostat down a few degrees will still keep your suite warm enough and conserve energy usage in your absence.
MONITOR YOUR HUMIDITY.
While some humidity is necessary for comfort, too much or too little can eventually have a negative effect. Too much humidity leads to condensation and is usually visible on your windows first. Excessive condensation can result in damage to your windows, drywall and flooring.
INFORM THE PROPERTY MANAGEMENT COMPANY.
If you will not be available at your regular contact information (phone/email previously provided to your Property Manager) provide an alternative contact and ensure keys are left with a local resident or caretaker.
See our 360 Risk Management Review for some risk control measures you can take to prevent or lessen losses.