"Should We Take Turns Driving?" There’s Insurance for Homecoming Trips, Travel and Solo Chuseok Celebrations

[Financial News] If you plan to share the driving on a trip to your hometown, you should consider a temporary driver endorsement. Those traveling abroad should check coverage for lost or damaged personal belongings and flight delays. Solo Chuseok celebrants staying home should review their family personal liability endorsement.
Toss Insurance, a corporate insurance agency (GA), unveiled on the 17th a Customized Insurance Guide by Lifestyle for the Chuseok Holiday, which outlines the insurance policies people should review based on how they plan to spend the holiday.
People traveling to their hometowns should first prepare for long-distance driving. If they plan to take turns driving with family members or acquaintances, they should check whether they have enrolled in their auto insurance's temporary driver endorsement.
Because this endorsement does not take effect immediately upon enrollment but applies from midnight on the enrollment date, it is safest to sign up by the day before departure. Those driving someone else's vehicle should also consider an other-vehicle driving endorsement.
Those worried about burglaries while leaving their homes unoccupied for several days may also want to check the household contents theft endorsement under their fire insurance.
For travelers heading abroad, overseas travel insurance is an essential item to review. With more people using airports and flights during the holiday, it is advisable to check the limits for coverage of lost or damaged personal belongings, as well as coverage for lodging and meals resulting from flight delays or cancellations.
Solo Chuseok celebrants who are staying home instead of traveling to their hometowns should take a close look at the family personal liability endorsement. This coverage protects against damage caused to neighbors by incidents such as water leaks during a longer stay at home, as well as damage inflicted on others in daily life.
Those taking short-term jobs at logistics centers or in delivery during the holiday should also remember their obligation to notify the insurer of a change in occupation or duties. If they perform work different from what they did when they purchased their existing insurance but fail to inform the insurer, it could affect the payment of insurance benefits or the continuation of the policy if an accident occurs.
An official from Toss Insurance said, "As the ways people spend the holidays become more diverse, it is important to review in advance the insurance coverage that matches your schedule and activities. We hope you check the coverage you need based on your lifestyle and have a safe holiday." 


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