How to Insure a Vacant, Unoccupied, or Seasonal Home

It is important to know the difference in a vacant home versus an unoccupied home. many insurance companies see one as a higher risk to insure than the other and many companies have strict lengths of time so that were a claim made after the fact might be denied. Generally speaking, unoccupied has living amenities, such as utilities, furniture and services available upon entry, where vacant homes do not have any of those things and are considered to be unlivable until those elements are present.

Key Takeaways:

  • Home owners have to realize that insurance companies have a policy of denying claims for homes that are unoccupied for the period that falls within their “inoccupancy period.”
  • Insurance companies do not want to insure vacant or unoccupied homes because the likelihood is higher of something happening when a home is left unoccupied for long periods.
  • To make sure your insurance claims are not denied for unoccupied homes, you have to speak with your insurance agent about this for policy specifics.

“Unoccupied homes, on the other hand, are livable. Utilities are turned on, and there is enough furniture inside the home for someone to live normally. Generally speaking, this means a bed, a table, chairs, and other necessary appliances.”

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