What Is Vacant Homeowners Insurance And Why Is It Needed?

insurance coverage by becoming empty or vacant is due to the house being put up for sale, and the sale does not occur quickly, leaving the house sitting empty. In all of these situations, an estimated 60% to 80% of the homeowners are not aware of the provisions of their existing homeowner’s insurance policy that would essentially end coverage, exposing the homeowner to catastrophic loss.

In order to properly protect the home, the existing policy needs to be cancelled and a special vacant home policy needs to be put in place. A new policy has to replace the old. The vacancy policy is not the same as the existing homeowners policy in most cases. The homeowner has to understand what the differences are, and also should expect to pay much more for a vacant homeowners policy.

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Nick DAlleva –
About the Author:

Vacant Home Insurance Now is a provider of Georgia vacant home insurance policies for vacant homes, buildings, and properties. In addition to GA homes, we can also provide Illinois vacant home insurance policy support. Contact us today for a free insurance quote.