What Is Empty Property Insurance?
Empty, or unoccupied property insurance, is a specialist policy that protects properties while they are not lived in or not used. You need this type of cover as standard home or commercial property insurance won’t cover properties if they are left vacant for prolonged periods – sometimes a little as 30 consecutive days. Beyond that period, cover can be reduced or even withdrawn.
What Types Of Empty Property Insurance Are There?
There are two main types of unoccupied cover, and Coversure can offer you both:
- Contents and buildings
- Buildings only
Whichever you choose, as soon as the building becomes occupied, you can cancel your policy, and you’ll only pay for the time that it was empty.