This episode explains how insurance companies see vacant properties. Always consult your insurance agent or company as policies differ from company to company and state to state. Let’s say a property is vacant for more than 30 days, many insurance companies will exclude coverage for theft and vandalism.

If you are trying to insure a property that is vacant, you may need to write a vacancy policy which very few insurance carriers offer. If you have a property that has become vacant it is important to understand the new limitations of your policy.

There is also a difference between vacant and unoccupied. An unoccupied property may be a secondary residence, or it may be between tenants. It generally means that the property isn’t going long periods of time between checked on.

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Music by Roger Clyne and the Peacemakers

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