How to Get Insurance for Vacant Homes

Vacant homes and Insurance

Whether your home is a vacation home or a home you are selling, any vacant home can be difficult to get insured. Vacant homes are sometimes thought to be a main target for vandalism, thieves as well as the homeless. These occurrences can cause some concerns for your local insurance companies, giving them hesitation to insure your vacant home. Vacant homes are often high risks. However, it is possible to get insurance for your home.

Things You'll Need

• Pen
• Paper
• Phone book

Instructions

1. Determine how long your home will be vacant for. This will help the insurance company determine the possible acceptance for insurance.

2. Contact a local insurance company. Some insurance companies will supply vacant home insurance between 30 and 60 days. It depends on the company.

3. Contact Fair Access to Insurance Requirements (FAIR) plan . This plan can come into effect if you are unable to find insurance coverage through private insurance providers.

Tips & Warnings

• Install an alarm system. Insurance is more prone to cover vacant homes that are equipped with the proper security system.

• Keep up with the outside maintenance.

• Ensure the home looks occupied.

• Have an automatic timer for lights set up.

References

• Insure: Vacant homes can be tough to insure

Resources

• Insure: FAIR plans: Home insurance for "high risk" properties