Insurance TypesVacancy Insurance

Vacancy Insurance

Coverage specifically for vacant or unoccupied properties where standard policies restrict coverage during extended vacancies.

Key Benefits

Coverage available for vacant properties

Covers vandalism and theft during vacancy

Covers loss of rental income while vacant

Protection for seasonal vacant periods

Allows extended turnover periods

Ideal For

Seasonal properties

Properties between tenants

Long-term renovation projects

Properties being prepared for sale

Coverage Highlights

  • Vandalism coverage during vacancy
  • Theft protection
  • Malicious damage coverage
  • Loss of income during vacancy
  • Seasonal property coverage

Average Cost

$300-$800/year additional

Actual costs vary based on property details, location, claims history, and specific coverage limits.

Common Misconceptions

Vacant properties auto-excluded (limited coverage only)

Any vacancy voids coverage (specific periods apply)

Expense prohibitive (affordable rider)

Only for emergency situations (available proactively)

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