House insurance for unoccupied properties
If you have a property that has been left unoccupied for a long period of time then you may be able to claim house insurance. If you are a landlord and your property has been left unoccupied due to not receiving tenants or a tenant has just moved out then you may be able to claim buildings and contents insurance for your vacant property. You can also claim house insurance if you are planning to sell a property that you were previously renting out.
Obtaining a quote will give you idea of what will be covered for your unoccupied property. There are many websites that allow you to compare unoccupied property insurance companies. If you are planning to have a house renovated in order to make it suitable for tenants to rent, then you may need to provide details of what repairs need to be done before obtaining a quote.
As some standard insurance policies do not offer cover for unoccupied properties, it can be difficult claiming this type of insurance, but shopping around will allow you to find a company that offers everything you need to ensure that your unoccupied property is protected. Many companies fail to provide insurance for unoccupied properties due to the fact that there is a greater risk of the property being vandalised, but you may be able to find a specialist insurance company that offers a policy which will provide cover for your home and contents.
Many owners that rent out flats experience problems with squatters, which often causes problems with claiming house insurance. However, removal of squatters will allow flat owners to claim specialist house insurance for any flats that are unoccupied.
Leave a Reply