Unoccupied property insurance for your vacant properties

"A qualified Broker can provide you with the advice and assistance to ensure you are properly protected"

 

When your property stands vacant for a number of consecutive days, it could invalidate or severely restrict your landlords insurance or home insurance coverage.

A situation such as this may require unoccupied property insurance (also known as vacant property insurance or unoccupied house insurance) instead of standard homeowner's insurance. Your home will still be protected against unforeseen events that could cause loss or damage, such as floods, fires, thefts, etc., since insurers view this as a greater risk when your property is vacant.

What is unoccupied property insurance?

The purpose of unoccupied property insurance is to protect your property in the event it is left unoccupied for a long period of time. There are various reasons why this could occur, such as having a property for sale, between tenants, during probate proceedings, or during extended vacations.

What does unoccupied property insurance cover?

Depending on the policy, some may only cover fire, while others may cover floods. However, we also offer policies that cover Escape of Water, Theft, Vandalism, and Malicious Damage.

 

 

 

Standard Covers

 

 

 

 

 

 

Optional Covers

 

 

 

 

 

 

 

 

Expert advice from Prima Insurance Brokers

With several years of experience and expertise across the not-for-profit, charity and education sectors. Clients can count on us as their in-house insurance advisers since we take the time to understand their organisation in depth creating a strong, trusting partnership.

We know the charity sector has a wide range of special risks, which can often be confusing. By drawing on our experience and knowledge, we can guide you through every challenge and complexity - from legal requirements to operational set up.

FAQ

What commercial combined doesn't provide cover for?

Research helps you plan the best way to get your product from the manufacturer to the retail shelf. In addition to deciding which retailers should carry your product, you should determine where your inventory will be held.

What can commercial combined insurance cover?

There are a large number of covers available through a policy, including but not limited to:

  • Public Liability
  • Employers Liability
  • Product Liability
  • Property Damage
  • Business Interruption
  • Stock in transit

Different industries can benefit from commercial combined business insurance by taking advantage of its cost-effectiveness in acquiring several different insurance policies under one policy.

  • Warehouses
  • Manufacturers
  • Importers or exporters

 

 

What are the advantage of commercial combined insurance?

In this problem solving step, you will want to figure out what caused the problem, what the problem looks like at this moment, and the urgency of addressing the problem. Combining your coverage under one tailored, flexible and affordable policy can save you money. The type of policy you need to protect your business will depend on your business and may include public liability, product liability, employers' liability, buildings, stock, equipment, machinery, business interruption, personal accident, and legal expenses.