Unoccupied Property Insurance
Unoccupied property insurance, also known as empty property insurance, is a specialist policy designed to offer landlords complete peace of mind when their assets are unoccupied. We find and compare the best empty property insurance quotes for your unique needs. Get a quote in 60 seconds!
or Call 0800 078 7004
What is unoccupied property insurance?
Property insurance comes in a range of configurations, with different contracts tailored to meet the needs of individual clients. Unoccupied property insurance is designed to cover empty and unused buildings, with both residential and commercial building insurance available. Also known as empty building insurance or empty home insurance, this type of insurance protects vacant homes for an extended time period while they’re unoccupied.
Ensuring that your property is sufficiently secured is very important, it’s worth investing in locks for windows and doors that exceed the minimum standard of security. Installation of a burglar alarm or CCTV can also help to lower premiums with some insurers. Get a empty commercial property insurance quote or a quote from a residential property!
Terms of empty property insurance
Standard buildings and contents insurance often expires if a home is left unoccupied for an extended period, with 30 days a typical example. Instead of living with restricted coverage or having an insurance claim refused, why not take out an empty property insurance package that leaves nothing to chance?
The amount of time your property is unoccupied for will usually fall into one of the following categories:
Under 30 days
30 – 45 days
45 or more days
It is important that you disclose the actual amount of time that the property will be unoccupied as failure to do so could invalidate your insurance. Cover is normally offered on the basis that the property is unoccupied on a temporary basis.
Who needs unoccupied property insurance?
Unoccupied property insurance is recommended in any situation where a home is left unoccupied or a building is left unused for an extended period of time. Unlike standard buildings and contents insurance, this type of insurance remains valid when a home is empty. Empty property insurance may also include additional protections when there is a higher than average insurance risk due to the owners not being present.
For example, unoccupied properties often face a higher risk of theft or damage due to vandalism, with insurance contracts needing to reflect this reality. Empty properties are also more susceptible to personal accidents and injuries and repair costs due to bad weather when the owners are not present. Here at 1st Choice Insurance, we offer a range of empty home insurance and empty commercial property insurance packages tailor-made for unoccupied properties.
or Call 0800 078 7004
Benefits of unoccupied property insurance
When it comes to landlord insurance, not all products are created equal. It’s always important to get insurance coverage that is customised to meet your specific needs as a homeowner and landlord. Unoccupied properties have their own unique challenges when it comes to insurance, with a custom contract the only way to ensure adequate protection in a safe and affordable package.
Typical coverage options for empty property insurance include buildings and contents cover, public liability cover, accidental damage cover, fire and theft cover, and cost of repair protection if your property is damaged or vandalised while not in use. While some levels of coverage may need to be extended, unoccupied property insurance can also be made more affordable if certain coverage elements are reduced or eliminated. If you need to take out unoccupied property insurance, please give us a call at 1st Choice Insurance today.
Get unoccupied property insurance quotes
At 1st Choice Insurance, we can help you find the right cover for your property, call us now for an empty property insurance quotation on 0800 078 7003 - 0300 600 0603 or complete our Get a Quote Form. Remember we ooffer both residential and empty commercial property insurance quotes.