What is unoccupied property insurance?
An unoccupied property is often classed as being without a tenant for more than 30 days. This includes properties that have been inherited, holiday homes, vacated homes that are up for sale, vacated homes that are being renovated and homes that are left unoccupied whilst the owners are away on business or an extended holiday. When looking for unoccupied property insurance you should make sure it covers natural damage, escape of water and oil, theft or attempted theft, vandalism, legal expenses and public liability insurance. These additions will give you peace of mind and allow you to lock up and leave your home.
If your property is unoccupied, you will need to notify your insurer and arrange specific cover. Providers consider an unoccupied home a higher risk as there’s a greater chance of damage, break in and vandalism due to no one being there to alert and spot any issues.