The main purpose of coverage for a Vacant Dwelling Insurance or Vacant Building Insurance is to protect you against losses you cannot afford to sustain. Few people have the financial resources to rebuild their homes or buildings if they are destroyed.
In this economy there are so many Foreclosures, short sales, and walkaways, we find that a lot of people don't understand that when their home is vacant over 30 days they need to purchase vacant home insurance instead of there current coverage. If your house is not owner-occupied or tenants occupied, the house needs to be written as a vacant home or our claim could be denied depending on the claim.
Unlike most home insurance policies you can get vacant home insurance quotes and vacant property insurance quotes for one to three months, and/or six months, but be careful they are usually paid in full except for the six-month option.
Liability Insurance Coverage is to protect you from financial ruin if someone is injured on your property and sues for damages.
Other Structures is optional and it covers detached structures such as gazebos, detached garages, and detached pools.
Personal property If the home is fully furnished you need a lot more coverage. If the home is not, you still have to consider appliances and other items that would fall under personal property.
Where it be for you vacant lot, car, business
Lock Insurance Has You Covered!