Our team at Morco Insurance Agency has the right expertise to help you get the coverage you need in any situation. For example, if you own a property that you only use for part of the year, then we can help you get vacant property insurance to protect it during the time you are away. In this article, we will address some common questions that you may want to know about vacant property insurance.
When is vacant property insurance necessary? Most insurers will require you to get vacant property insurance once your property goes uninhabited for more than 60 consecutive days. If you only use your second home for part of the year, then you will need to invest in this kind of policy.
What’s the difference between a vacant and an unoccupied home? Insurance companies often have specific and slightly different definitions for a vacant home compared to an unoccupied one. For example, a vacant home is typically defined as a property that is close to or completely empty, while an unoccupied home has enough furnishings that someone could come live there at any time. Our team can help you get the right vacant home coverage for either scenario.
What does vacant home insurance cover? Vacant home insurance covers damage to your property caused by fire, lightning, storms, and other disasters. This type of policy typically also covers things like vandalism and intentional destruction. If you have any questions about vacant home insurance, we encourage you to reach out to our team for more information.