Empty Property Insurance
Empty property insurance cover may be needed if you own a property that has been empty for typically 30 days’ or more. Your usual insurance (whether it is landlords insurance for a buy to let property, or traditional owner-occupier home buildings and contents insurance) may typically not be valid in cases where the property is standing unoccupied.
Circumstances where unoccupied property insurance cover may be required
There could be a number of reasons why your property is unoccupied (and by ‘unoccupied’, this doesn’t mean a property that is without furniture, it potentially means where no one is permanently residing) and vacant property insurance may be worth considering. For example:
- you are a landlord and your property is in between lets;
- your property is being refurbished;
- you are working away from home for a long period of time;
- you have a Probate property;
- your personal circumstances have changed (eg you are going through a divorce) and the property is unoccupied; etc
So, if you want to make sure that your vacant property will be adequately protected when you are not there, they getting an empty property insurance cover quote may be your next step.