While unoccupied house insurance is often regarded as a type of coverage that is only needed for individuals that own multiple homes, it can be used in more situations than people may think. For example, unoccupied house insurance is strongly recommended if you are planning on leaving your home unattended for an extended period due to vacation or medical leave. As a leading provider of comprehensive house insurance solutions, the team at Mountainview Insurance knows how beneficial unoccupied house insurance can be. That is why we have outlined everything you need to know about unoccupied house insurance to help you determine if you need it for your property.
Also known as vacant home insurance, unoccupied house insurance can be purchased to provide coverage for a home when it is empty. This is important as most home insurance policies will not cover fire, vandalism, or other types of specific claims if a home is left unoccupied for an extended period. Unoccupied house insurance can be purchased as a separate policy, replacing the standard home insurance policy or it can be purchased as an endorsement and added to your current homeowner’s policy. This will ensure that your property is sufficiently covered whether it is empty or occupied.
In most cases, insurance companies will deny claims for homes that are left unoccupied for more than 30 days at a time. Before leaving your home on an extended vacation, make sure to talk to your insurance broker to determine if you should purchase unoccupied home insurance.
Some instances where you should consider purchasing unoccupied house insurance include:
The total cost of your unoccupied house insurance policy will vary based on your insurance provider, the type of policy, the location of the house, how much the house is worth, and the amount of time the policy will last. Your insurance provider will work with you to provide an accurate quote so you understand precisely what you are paying for.
If you would like to learn more about unoccupied house insurance or are interested in one of our home insurance products, get in touch with the team at Mountainview Insurance. We can be reached by phone at 604-557-0255 or by filling out our contact form and we will be happy to assist you.
We’re ready to understand your insurance needs and to work for you to get the coverage you need.