Clients blindsided by the need for vacant home insurance!

We have been writing vacant homes for a long time. 90% of the clients that contact Vacant Home Insurance Now are completely blindsided by the fact that their homeowners insurer does not provide coverage for a home that they consider empty, vacant, or unoccupied. This is happening so much we felt we had to spread the word and write about it.

If the above is true, and we now have the credible sample size to prove that it's true, there are tens of thousands of homes out there that may have no coverage due to vacancy but the owner believes the house is fully covered. However, if there was a claim the insurance company would not provide coverage because the house is empty or not occupied.

What all of this means is, the top companies do not inform their clients that they need special homeowners insurance coverage if the house is not being lived in. Most clients find out "by accident" when they call in for another reason, like to report an address change and they are being kind enough to report to the insurance company that "they have moved."

All insurance companies today communicate with their clients in several of the following ways:

1. email


2. website


3. online or paper newsletter


4. mail (privacy statements and deliver of policy riders)

Wouldn't it be easy enough to note: "As a reminder to all our policyholders we would like to remind them that we do not cover vacant homes, and this situation needs to be reported to us immediately."

Why don't the top 10 largest home insurers inform their clients they don't cover vacant homes, and they will quickly be terminated if they find themselves in this situation. This will be the topic of our next post.