An unoccupied property is essentially a building that is not rented or lived-in by anyone. As such to insure it, an unoccupied property insurance policy will be required rather than a conventional home or buildings insurance cover. Generally if a property is unoccupied for 30 or more days then vacant property insurance is required to provide cover for risks such as fire, storm damage etc.
Do not automatically assume that a standard home insurance policy will provide cover for unoccupied homes. Most home insurance companies do not offer this type of insurance policy as they perceive the risk to be far too great. Properties that are vacant tend to have a higher level of vandalism risks, fire and even escape of water claims can tend to be large as there is no one in the property to limit the damage caused by a burst pipe.
There are many insurers and brokers that specialist in providing unoccupied property insurance policies for all types of residential and commercial buildings. Terms and conditions will vary considerably from one company to the next as well as the price. So to obtain a cheap unoccupied property insurance quote do shop around by searching on the internet search engines.
Visit Active Insurance for more information. http://activeinsurancecompany.co.uk/property/unoccupied/
