Insurance Requirements for a Vacant Home

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Even if a home is vacant there are still a few insurance requirements that can't be ignored. Learn about the insurance requirements associated with a vacant home with help from a managing broker with Windermere Real Estate in this free video clip.

Part of the Video Series: Real Estate Questions
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Video Transcript

Hello, Jim Jacobsen, managing broker with Windermere Real Estate in Seattle, Washington. We have a question that come up today about insurance on a vacant home and I might say to you that it's extremely important, that's one of the first things that you want to do when a house goes vacant is to contact your insurance agent because a vacant home has a different insurance rate than one that's occupied and if the insurance agent were to find out that you had a vacant home and you hadn't changed your insurance it could possibly be a big problem to you. So I tell all my clients to make sure that they contact their insurance agent immediately so that they know what the difference is in insuring their home.

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