Home Insurance Vacant Property
When a home becomes vacant, a standard homeowners policy may give the insurer the right to cancel mid-term, lower coverage levels, or even deny a claim. What you need is a policy that is specifically written for the risks of a vacant property.
Foremost specializes in vacant home insurance and accepts a broad range of vacant homes. We accept vacant homes valued up to $1 million, and there is no restriction on the age of the home! We also sell homeowners and owner-occupied policies that cover the following kinds of properties:
The two terms "vacant" and "unoccupied" might appear to be synonymous, even interchangeable in general conversation, but they are distinctly different when it comes to property insurance coverage.. Insurance policies do not often provide clear definitions for vacant or unoccupied properties.. The Difference is Important
Rental Property Insurance These policies can provide protection for your valuable property, shield you from liability claims, and even provide lost rental income if your property is too damaged to rent due to a covered loss.
Vacant home insurance is a special insurance coverage for properties that are unattended for at least 30 days or over. This coverage is a must for homeowners if they want protection for their property. This type of insurance will typically provide protection for damage or loss while it is uninhabited.
Leaving your home unoccupied for an extended period of time? No worries. Want to get insurance for a home no one is living in? All you have to do is select 'Unoccupied' while completing a quote.