2006-12-02 23:32:40 · 13 answers · asked by aunty 1 in Business & Finance ➔ Insurance
Since there will not be anybody on premises most of the time, you are going to have a harder time getting a standard insurer to insure the property.
Since nobody is there to prevent burglary, theft, fires or notice if something is amiss or do preventative maintenance, the risk of such a home incurring an insurable loss is much, much higher and your typical insurers will shy away.
However, since this is somewhat routine, there are lots of insurers outside the normal channels who will insure this.
2006-12-03 16:06:54 · answer #1 · answered by markmywordz 5 · 0⤊ 0⤋
National lloyds will insure an empty property for a three month term and will renew under certain circumstances. The coverage is only up to 75% of the value of the home excluding land. This is in Texas, I am not sure whether they carry other states.
2006-12-04 05:55:45 · answer #2 · answered by vruiz16 2 · 0⤊ 0⤋
Yes. A specialist Insurance Broker called Hughes and King.
Portsmouth - 02392 697421 Mr Hugh Pead.
They do all types of property insurance from empty to student let.
Very good cover and very good prices.
2006-12-06 03:17:05 · answer #3 · answered by captainfishy007 1 · 0⤊ 0⤋
Vacant property? Sure. If it's a 1-2 family dwelling, find an agent who sells Foremost insurance - www.foremost.com . If it's a commercial property, Lloyds syndicate does this - you'll have to ask your agent for a quote.
Contrary to other people answering here, standard companies do NOT like to insure vacant properties, and if you're checking with State Farm, Allstate, and other direct writers, you're not going to find anyone who will do this.
2006-12-03 08:27:34 · answer #4 · answered by Anonymous 7 · 0⤊ 1⤋
I might suggest one to visit this website where onel can compare rates from the best companies: http://PROTECTIONQUOTES.NET/index.html?src=5YAqqC1AOR8gjm1
RE :Do you know an insurance co. who will insure empty property?
Follow 13 answers
2017-03-15 00:17:09 · answer #5 · answered by ? 6 · 0⤊ 0⤋
We own several properties and always insure them, whether we have tenants or not, or we occupy them ourselves. It shouldn't be an issue for any insurance company.
2006-12-03 00:46:45 · answer #6 · answered by Sassygirlzmom 5 · 0⤊ 0⤋
You can always get liability insurance on vacant property, in fact, I advise it. It's very cheap and worth it. Call any of them.
2006-12-02 23:36:41 · answer #7 · answered by Barbara 5 · 0⤊ 0⤋
Yes, you can cover vacant property. The rates will be a little higher than if it was occupied. Contact an independent agent in your area. They should be able to help you.
2006-12-03 02:24:21 · answer #8 · answered by nurse ratchet 6 · 1⤊ 0⤋
ya u can insure on anything..
&
for any type of insurance .....
this definitely helps u
2006-12-04 00:40:05 · answer #9 · answered by sadee 1 · 0⤊ 0⤋
Most companies will,subject to certain terms and conditions.
2006-12-02 23:38:12 · answer #10 · answered by Anonymous · 0⤊ 0⤋