Vacant Home or Rental Property

Home and rental property owners might have periods during which their properties are vacant or unoccupied. This may occur for a number of reasons.

Property insurance policyholders need to be aware of coverage limitations that apply during these periods. The first set of limitations states that damage caused by frozen pipes is not covered unless the property owner has maintained heat and drained the plumbing systems before vacating the property.

The second set of limitations applies to vandalism and glass break coverage. Most policies state that vandalism and glass break coverages are suspended if the property has been vacant for the prior 30 days. A property under construction is not considered vacant.

Feel free to contact us to review any important coverage provisions that concern you.