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Vacant Building

 

Obtaining Insurance for a Vacant Commercial Dwelling is becoming increasingly more difficult. Especially for coastal properties or properties that have been vacant for along period of time. For many insurance for Real Estate is our most valuable protection of our assets. The time to think about the unthinkable, is before it happens to you or your property.

If your investment were to be damaged or destroyed, insurance can help you repair or rebuild your home or Building. Your bank or mortgage company may refer to this insurance coverage as home insurance, homeowner insurance, hazard insurance, fire insurance or even HOI: Home Owner Insurance.
 


 

 

In addition to protecting your real estate structure, this insurance may also provide Liability Insurance Coverage to protect you from financial ruin if someone is injured on your property and sues for damages.

What Does Vacant Building Insurance Cost?
When insuring a vacant property you need to be realistic. A Vacant Building is an attractive nuisance. It it a potential haven for kids, the homeless, squatters and vagrants. As Such it is more expensive to insure than a home or an occupied building.

How much more? — Typically the average cost of a vacant building insurance policy can be 1.5 to 3 times that of a homeowners insurance policy or a building insurance policy.
 

Vacant Building Insurance Quote
Let's get started with your Free Vacant Building Insurance quote.  Submit a little information and one of our insurance representatives will contact you.

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