A Snowbird’s Preflight Checklist for Insurance
It’s that time of year when the weather gets cold and the snowbirds head south, both the geese and the humans. Using data from the Census Bureau’s 2016 American Community Survey, the most recent data available, the National Association of Home Builders estimates that 7.4 million Americans own a second home, with the most popular locations in warm climates like Florida, Arizona and California.
Of course, life as a snowbird isn’t all a bed of roses. Having two homes means insuring both properties and possibly two cars. Liability is another concern, especially for retirees with a lifetime of savings to protect.
“The best rule of thumb is preparedness,” says Joe Meisinger, chief underwriting officer for personal insurance at Travelers. He suggests starting by understanding what the policies
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