Vacant Homeowners Insurance Quotes: 3 Problems

When people have a home on the market for sale that becomes vacant or empty, and requires vacant home insurance, they soon find they are being cancelled by their existing homeowners insurance company. When they seek quotes on the market for vacant homeowners insurance there are three potential problems and pitfall that they need to be keenly aware of to avoid major problems down the road.

The first is, what is the name of the insurance company providing the vacant home insurance quote? It's amazing, but people get vacant homeowners insurance quotes and the agent may not even present the insurance company that is backing the quote! Our rule, if you don't recognize the company or cannot find the insurer easily or the Internet, it may not be the strongest quote so look elsewhere.

The second item is, what are you insured for? People get vacant house insurance quotes and they assume they are getting the same level of coverage as when the house was occupied. Instead of all risk coverage for the empty house, they end up with named perils coverage and only 8 perils covered for! Again, this is not readily apparent when one ask for the quote in many circumstances. Always ask what you are insured for and get the list of named perils. (for example, fire, smoke, lightning, wind, etc).

The last pitfall is the perils of vandalism. Vandalism if the # 1 cause for claims in a house that is vacant or unoccupied. All vacant dwelling insurance quotes should come with vandalism. Unfortunately, many do not unless the applicant asks specifically for this coverage and the coverage is added back in for an additional fee.

All-risk coverage from a quality company, and one that includes vandalism is available from vacanthomeinsurancenow.com