People have unoccupied homes for various reasons; you may be living elsewhere while doing renovations, traveling for an extended period of time, or you’ve just put your home on the market and left it vacant. Whatever the reason to leave your home vacant, coverage for it may be limited in your homeowner’s policy.
Risks of leaving your home vacant:
If your home will be unoccupied from 3 months to 36 months, vacant house insurance will ensure your home’s coverage during that vacancy. Your insurance company may be able to extend your current policy for a certain amount of time, after which you will need to purchase additional coverage.
If your house is on the market, it’s hard to predict when the house will sell; make sure you purchase a policy that will refund premiums if the house becomes occupied.
If you’re wondering about your options for covering a vacant property, call Clark Riley Insurance today at (806) 298-2591. We’ll review your coverage needs and advise you regarding the best, most comprehensive coverage options for the lowest possible price. You can also contact us through our contact page.
