Our Vacant Dwelling product covers vacant commercial and residential buildings, condominium units and rental space, as well as partially vacant buildings.
Homes can be temporarily vacant for a number of reasons:
- A rented home is between tenant leases
- A homeowner moves away for a new job however the house is unsold
- An executor is selling a house to close an estate
- A property is undergoing minor renovations
- A “flipper” needs coverage for just a few months while the kitchen is updated
- A landlord protects his investment while looking for a new tenant
- A summer house closed for the season
- A repossessed home
Vacant Coverages and Features
- Vandalism and malicious mischief coverage available
- Premises Liability coverage options available
- Coverage available for contents
- Multiple deductible options
- Coverage available for a garage or shed
- Flexible policy terms, 3, 6, 9 and 12 month renewable terms
- There is no restriction on the length of vacancy
- Allows individuals, LLC’s, Partnerships, or Corporations to be Named Insured
- Coverages vary by state