Homes can become vacant for many different reasons but regardless of the cause, it is important that you consult your independent insurance agent about vacant home insurance needs. Unoccupied dwellings are exposed to different risks than occupied ones. Vacant property owners have less control of who enters the property which can be considered a greater risk than occupied property. However, far too many property owners fail to adjust their coverage to reflect the lower risk to personal property. Bottom line, many people both over-insure and under-insure vacant property. Where do you fit?
Finding the most fitting insurance policy for your vacant property can be challenging, especially that a typical homeowners policy probably will not cover a property after it is vacated by the owner. For this reason, it is be best to plan and customize your vacant home insurance with an independent agent so that you will know as well your coverage options and therefore maximize the value of your money intended for it.
The vacant home and property insurance policies that we independently research and write throughout VA, MD, DC offer specialized coverage options at economic prices. They have been developed for the unique insurance situation of vacant homes as well as their owners. So whether your reason for vacating such property is because it is under renovation or you have moved out but have not sold the property yet, you can be confident that you will get the most comprehensive coverage for your vacant property.
To find out more about your options on vacant home and property insurance policies, contact TriState Business Insurance.