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18th October 2021

Unoccupied Property Owners - Cover4Insurance

Photo by Curtis Adams from Pexels

Unoccupied property, both domestic and commercial, can be susceptible to potential issues, such as break-ins and theft, vandalism, fire, malicious damage, escape of water, and flood damage. For property that may be left vacant for a longer period than what is covered by standard insurance, it is important the owner has unoccupied property insurance to cover the property and its content if a problem was to arise.

Typically, standard property insurance policies cover a vacant property for 30 to 60 days. However, the timeframe can be longer or shorter, depending on the individual policy.

Unlike standard property policies, unoccupied property insurance covers an empty property for a longer duration, typically between three, six or 12 months.

Unoccupied properties undergoing works

Our unoccupied properties undergoing works product is also suitable for residential properties being renovated - no matter whether they are to be let or owner occupied after the works have been completed.

Properties can be left unoccupied for many reasons. 

Some of the most common include:

  • Awaiting sale or tenancy
  • Awaiting probate
  • The property is a second home, and the owner is away
  • Undergoing renovation or refurbishment

We can offer policies that include cover for:

  • Subsidence
  • Property owners liability up to £5m
  • Malicious damage by tenant
  • Escape of water

Cover4Insurance can offer cover for the following occupancies:

  • Awaiting Sale
  • Awaiting let
  • New Purchase
  • Undergoing Renovation Inc. some structural
  • Probate
  • Awaiting planning permission

What types of properties can we cover?

We can cover both residential and commercial properties.

  • Residential properties - such as house, bungalow or individual flats
  • Commercial - such as shop, office, industrial unit, restaurant etc.
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