Insurance Claims Rise During Halloween
Halloween may be full of tricks, treats, and fun costumes, but it’s also one of the riskiest times of the year for homeowners and drivers. Studies show that insurance claims often increase around Halloween due to a mix of property damage, vandalism, and accidents.
A Spike in Property Damage and Theft
Insurance companies often see an uptick in vandalism and theft claims during Halloween. Common incidents include smashed pumpkins, egged houses, broken windows, and stolen decorations. With more people walking around neighborhoods and visiting homes, the chances of accidental or intentional damage increase. Homeowners insurance typically covers these types of vandalism and theft, but policyholders may still need to pay a deductible before receiving reimbursement.
Car Accidents and Vandalism Rise Too
Auto insurance claims also tend to rise on Halloween night. With children trick-or-treating and more cars on the road for parties and events, minor fender benders and pedestrian accidents are more frequent. Comprehensive auto coverage can also help if your car is vandalized or damaged by pranks such as keying or slashing tires. Drivers are encouraged to stay alert, reduce speed in residential areas, and avoid distractions to minimize risk.
Injuries and Liability Claims Increase
Another common type of Halloween insurance claim involves injuries. Slippery walkways, dark paths, or poorly secured decorations can lead to trips and falls. If a guest or trick-or-treater is injured on your property, your homeowners' liability insurance can help cover their medical expenses and protect you from potential lawsuits.
Why Awareness Matters
While Halloween-related claims may only represent a small portion of annual totals, the spike in incidents highlights the importance of preparation. Keeping walkways clear, securing decorations, and ensuring proper lighting can prevent many accidents. Reviewing your homeowners and auto insurance before the holiday can also ensure you’re adequately protected.
