Property lies unoccupied for a number of reasons; all types of property might be vacant at some stage in their lives; and just as there is a wide range reasons and types of empty property, so there are a variety of unoccupied property insurance policies offering different levels of cover. Indeed, the range of policies is so wide that it is sometimes difficult to choose the right one for you.

Our website might help you to trawl through the options offered by different insurance providers and, at the click of a button, suggest some of those that are most suitable to the type of property you own and the reasons for its being empty for any period of time.

The reasons

There are a number of reasons why the property might be empty and each is likely to have a bearing on just how long it is going to be unoccupied. Whether it is your own home and principal place of residence or whether it is property you have bought as a buy to let investment, the dwelling might be kept empty whilst it is undergoing refurbishment or extension. Perhaps it is a property you have inherited and are waiting to sell. You might have already moved into a new home, yet need to wait a further period of time until the former home has been sold.

For all the possible reasons, however, there is likely to be an unoccupied property insurance policy that suits the particular building and the level of cover that is needed to protect it. Using our website to help identify the policy that best suits your needs and takes into account the reasons for the property’s temporary vacancy might result in your saving a considerable sum in the premiums you pay.

The types

Unoccupied properties come in all shapes and sizes. They might be large or small; in upmarket or less salubrious locations. Some are new, some are old. Some are normally owner-occupied, whilst others represent a let to buy investment as rented property.

The insurance

Whatever the reasons for the vacancy and whatever the normal use of the property, however, standard home insurance or buy to let landlord insurance is unlikely to continue to provide the full protection you need once the property has been unoccupied for a certain period of time (typically in excess of 30 or 90 days, depending on the policy.

This is when specialist unoccupied property insurance is needed in order to maintain the full range of safeguards for the property. Our simple and straight forward website, backed up by a specialist team of insurance advisors – who are also available to telephone for free – might come into its own by helping you choose the right policy for you.

Tags: Unoccupied Property Insurance

This entry was posted on Tuesday, December 1st, 2009 at 9:53 pm and is filed under Buy to let landlord insurance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.