Halloween is one of the most enjoyable holidays, especially for children. Parents and home business owners, however, can be in for a real scare if their home is vandalized on Halloween. Crime-based insurance claims tend to rise on October 31. These are mostly the result of theft; but vandalism-related claims also spike by as much as 19 percent. If you’re wondering whether your homeowners insurance covers Halloween vandalism, you’re not alone.
Does my insurance cover Halloween vandalism?
This question has been asked many times over the years by people who have fallen victim to crime on this notorious day of property damage. Luckily, it’s likely that your insurance will cover damages. Most policies, unless they specifically state otherwise, cover vandalism under all-perils home insurance. It’s smart to ask your insurance company about the specifics of your policy if you have any lingering doubts about your coverage. You can also compare homeowners insurance online to get a better idea for what sort of coverage is offered by different companies.
Should I file a claim if my home is damaged on Halloween?
It’s entirely up to you if it’s worth it to file a claim with your insurance company if your home is vandalized on Halloween. There are, however, a few things to keep in mind when deciding on this:
- The extent of the damage: If someone broke a light, or smashed your mailbox, it’s probably not worth it to file a claim with your insurance company. While these things are annoying, and you likely can file a claim for them, they’re easily replaceable. On the other hand, if someone breaks your garage door, or all your windows, it might be wise to put that larger expense on insurance.
- How much your rates will go up: There’s another reason you should think twice before running to the insurance company. If you file a claim, it’s likely that it will drive up your payments. This is the crux of how insurance works; people who make more claims end up having to pay more every month. Think about the consequences on your long-term budget before you file an insurance claim for vandalism this Halloween.
How can I get reimbursed for vandalism without filing an insurance claim?
It’s often hard to catch the culprit of vandalism. Unless you have video footage, it’s unlikely you will receive justice. Halloween is an exception to the rule in a way. As you know, you are much more likely to fall victim to vandalism on Halloween than other days. Due to this, you should be extra vigilant about your home on this day. Instead of leaving a bowl of candy out front and settling down for a night in front of the TV, keep an eye on what’s happening around your home.
This doesn’t mean you have to be peeking through the curtains every time someone walks down the sidewalk. Just pay attention for sounds around the exterior of your house, and be prepared to confront any potential vandals. The police are also highly active on Halloween. If you call them, they should be able to get someone to your house in a short amount of time. By catching the vandalizer, you can have them pay for any damages to your property. This eliminates the need of having to file an insurance claim.
Halloween will likely bring a lot of unfamiliar faces to your neighborhood. Most of these people will just be there to have a good time. Some, however, will be there to start trouble. Luckily, your homeowner’s insurance should have you covered in the event of something unexpected happening on Halloween.
How did Halloween go for you this year?