Getting a normal homeowners policy is simple and easy but it is not the same case with getting a vacant and unoccupied home insurance. The main reason is that there are no many companies that offer such insurance plus it is very expensive than a normal home policy. It can take up to fifty to sixty percent more than a normal homeowner policy. Be it difficult to find or be it expensive, still people want their unoccupied houses ne insured and why not, vacant houses at a great risk of trespassing, damage, insect infestation and all, so it is very important to get it insured.
Vacant home Insurance geico one such insurance that you can depend on if you are trying to find best vacant insurance policy for your precious asset. To know the cost just get a quote and you can decide the type of coverage you need. Specify your peril you need to insurance against like wind, fire, water, animal etc. cash value of your home in case of destruction can also be opted for which coms under such policy plans. Anyhow it will be combined with a deduction of Couse that makes up for the depreciation which is quiet normal.
Let’s check when the home is considered vacant. Well if your home is vacant for thirty days or more, if it is newly purchased or constructed and no inhibits have moved in, or if they have left and are not returning back, in all these situation the home is unoccupied or vacant. You need to be in touch with the representative of the particular insurance company to verify the actual requirements you need for the insurance policy as every company is different with different policies.
Some companies provide insurance for vandalism as well but most of the time it is not covered. So you have to check carefully what and all covered and what not is covered. Reduce the risk of break-ins, fires, smoke, water damage that happens with frozen pipes and all. The temperature sensor will be covered which is the best remedy for such case. In other cases where you need to rent or sell the house and people are coming over to see it, homeowner policy holder may be agreeable to extend insurance during that period. So be well aware with all the information and do according to you plans.