Do you have a vacant home? Maybe your primary residence is under construction and you moved out temporarily. Or your rental property is between tenants. Perhaps you moved out of your home but haven’t sold it yet. Whatever the circumstances, vacant homes present additional risks, since no one lives there. Typical home insurance policies do not extend coverage when a residence is unoccupied. Farmers offers insurance products specifically for unoccupied and vacant homes.
Farmers’ vacant home insurance provides coverage for additional risks such as vandalism and malicious mischief. Those perils are not always covered by policies from other insurance carriers. We also provide a 12-month policy with pro-rated cancellation. This is convenient when you don’t need a full year of vacant coverage. Or if your property becomes occupied earlier than you anticipated. In addition, Landlord policies can be easily endorsed to provide vacant home coverage when your rental property is temporarily unoccupied.
Please call me with any questions or concerns on vacant home insurance for your unoccupied home or rental property. Also please remember to let your insurance agent know if your primary residence will become vacant for any length of time and for any reason. It helps to make sure you are properly covered, should a loss occur while the home is unoccupied.