The Michigan Department of Insurance and Financial Services said now is the time to review your insurance policies to make sure you have adequate coverage.
GRAND RAPIDS, Mich. — Subzero temperatures are settling over much of West Michigan this weekend, with feels-like temps dropping low enough to cause frostbite within minutes.
But along with protecting yourself and your family from the cold, you should be prepared to protect your home and vehicle.
The Michigan Department of Insurance and Financial Services (DIFS) said now is the time to review your homeowners, renters and car insurance to make sure you have adequate coverage.
Burst pipes, collapsed roofs and flooding from ice dams can all cause damage to your home—and cost thousands to repair.
“Michigan winters are beautiful, but they can also lead to unexpected costs, inconvenience, and injuries. Each year, we see consumers caught off guard by burst pipes, ice damage, or car crashes caused by slick roads,” said DIFS Director Anita Fox. “A quick insurance checkup before an incident occurs can save you time, money, and stress. Winter storm preparation would include a review of insurance policies, and follow-up with an agent or insurance company with any coverage questions.”
To decrease the likelihood of home damage, you should:
Keep your heat set above 55°F and insulate exposed pipes.Clear gutters and snow buildup on your roof to prevent leaks.Review homeowners coverage for damages caused by ice, snow, and burst pipes.
Power outages can also cause headaches during the winter, especially during dangerously low temperatures. DIFS said some preparation and knowing your insurance policy can make a difference:
Some homeowners policies may cover spoiled food or temporary living expenses if a covered loss causes an outage.Keep flashlights, blankets, and backup chargers on hand, and consider using surge protectors to safeguard electronics.
Lastly, DIFS recommends reviewing your car insurance to make sure it has you properly covered:
Understand the coverage you have available in the event of collisions, falling branches, or flooding. These types of damages are generally covered by collision or comprehensive coverage, which are not mandatory, but you may be required to include them on your policy under the terms of an auto loan or they may be appropriate for your family’s needs.Be sure to have a plan to pay your policy deductibles in the event of an emergency. This will allow you to take advantage of your coverage.
Consumers with questions or concerns about their insurance or financial services can contact DIFS Monday through Friday, 8 a.m. to 5 p.m., at 877-999-6442 or by visiting Michigan.gov/DIFS.