Study shows thousands have still not reported to their insurance company that their home is vacant

There is only one way to cover an empty or vacant home, with a vacant home insurance policy. No matter what an agent tells you, there is NO OTHER way to cover a home that is vacant or unoccupied. So, why are there still thousands of homeowners with vacant homes but no vacant homeowners insurance? Here are the top reasons

1. They simply don't know they need vacant home insurance. Insurance companies don't do a good job letting clients know they won't insure homes that are unoccupied for just 60 to 90 days or more.
2. Vacant home insurance is expensive, and to avoid the cost, many homeowners won't inform their homeowners insurance company that the home is vacant, hoping they won't have a claim or hoping for the best if there is a claim. Thousands play insurance Russian Roulette.
3. They have gotten bad information from a friend, Realtor, or even an insurance agent. Does the agent even know their own insurer's limit on the time a home can be empty. It sounds impossible but many won't know. Also, many don't want to lose their commission and we have seen many "bury the paperwork" or provide bad advice to the home owner.

The rule is not flexible. If a home is empty, vacant, or unoccupied for over 90 days, and not under major repair or renovations they only way to cover the home is through vacant home insurance.