Vacant Property Insurance

Vacant Property Insurance offers owners of vacant properties coverage for property damages or losses. Most standard homeowners policies have exclusions for certain types of losses if the dwelling is unoccupied, This is a specialty type of coverage  that can be purchased as a its own homeowners policy, or as an endorsement.

vacant properties

Risks Facing Vacant Properties

Owning a vacant property comes with a host of risks because the property is much more susceptible to vandalism, theft, and more. It's also more likely to fall victim to losses because the owner is not present to know if there are any required repairs. For clients who own a vacant property, it's important you provide them with the proper coverage to protect them against the risks their properties face, like:

  • Fire
  • Wind and hail
  • Smoke
  • Damage from vandals
  • Water damage
  • Squatters