Monday, February 15, 2010

Insuring a Vacant Home

Take steps to properly insure any vacant property you own.

  • A home is considered vacant when it is unoccupied and all personal property has been removed.

  • Listing clients who move out of their home before it is sold need to know how their insurance coverage is impacted.

  • Most homeowner insurance policies retrict coverage when a home is vacant for more than 30days, after which point claims will likely be denied should a loss occur.

  • Sellers should consider special coverage such as the Vacant Home Program offered by Weichert Insurance Agency.

Call 1-866AGENT for more information.