What does Unoccupied Residential Insurance Cover Provide?
Vacant House Insurance covers a wide range of risks that unattended homes are open to. Cover normally is for Standard Unoccupied Perils but can also be arranged to include some extras:
- Protection against vandalism including graffiti
- Cover for damage caused by fire, lightning, earthquake, explosion, aircraft, & property owner’s liability (Standard Perils)
- Flood, Subsidence or Storm.
We know that people leave their homes for various reasons in varying states of repair and understand therefore that every insurance policy should be different.
To get a range of bespoke Unoccupied Buildings Insurance Quotes call our team on 0800 085 3761 to discuss your exact requirements.
At any one time, there are an average of 700,000 homes left unoccupied in the UK. They may be empty for a variety of reasons including awaiting sale, undergoing refurbishment or their owners are under medical care for example. No matter what reason your home may be unattended, if it is left empty for more than 30 days at a time, your standard home insurance may not be adequate. If any damage occurs at your property, you may encounter issues under a standard home insurance policy.
By their nature, unoccupied properties are more likely to be at risk of damage. Empty properties can attract thieves, vandals and even squatters. Small amounts of damage may go unnoticed and become a much larger issue over a period of time. An unoccupied policy will impose certain conditions, such as turning off the electricity or even draining down the water tank – these are all practical measures which will ensure the risk is reduced and limit any possibility of you incurring a loss.
Securing your Property
Securing your property is one of these most important factors in obtaining unoccupied residential property insurance. It shows the insurance company that you are taking the issue seriously and it will also get you discounted premiums with Property Insurance Centre. An empty house can fall into disrepair quickly and that is why most insurers will insist that you check the property regularly an put right any defects that you find that are down to maintenance. Remember, an insurance company may decline cover if the property is in a bad state of repair. Checking you property regularly will show that you are taking security seriously and also let would be thieves know that you are never too far away! This all help in reducing your premium by reducing the risk
You may be asked to:
- Seal the letterbox
- Remove all contents from the building
- Install an alarm
- Check the property every 7 days
Every policy is different & every house is different also. The conditions and perils insured will vary from one policy to the next. To talk you through it speak with one of our Cert CII Qualified staff members. We have been insuring unoccupied residential properties for many years & can get the best cover at the right price. Call 0800 085 3761.