Regulators’ Advice: Be Prepared for Springtime Risks

Tis the season when flowers bloom and birds sing — which means it’s also time for homeowners to check for springtime risks and ensure that they have adequate insurance coverage.

Connecticut Insurance Commissioner Thomas Leonardi said one of the most important steps for homeowners is to create and update their home inventory.

“As we transition from a mild winter into spring, take the time now to take stock of what you have. A home inventory can help you determine the types and level of coverage you need before disaster strikes. After a major loss, your home inventory will be a tremendous help when it comes to filing a claim.”

Leonardi also advised that it’s essential for homeowners to understand their coverage — what they can claim and what they cannot.

“We also urge consumers to discuss their coverage thoroughly with their agent or insurance company at least once a year to make sure coverage reflects any recent changes, such as renovations or additions.”

And if it rains, it can flood.

A warm, dry winter in the Northeast may have many people thinking the risk is low, but it is always a good idea to prepare for the worst. Leonardi pointed out that floods — or an excess of water (or mud) on normally dry land — are not covered by a typical homeowner’s or renter’s policy. Most homes may be eligible for coverage under the National Flood Insurance Program in communities that participate in the federal program.