Approximately 15% of International Property Insurance Group Clients Have an Unprotected Vacant Home

International Property Insurance Group provides international property insurance to expatriates that reside globally. Vacant Home Insurance Now (.com) works closely with IPI Group to meet the vacant home insurance needs of expatriates residing abroad that keep an empty or unoccupied house in their home country that need vacant homeowners insurance.

IPI Group is beginning to ask U.S. expatriates about vacant home insurance needs and the results have been almost shocking. Only about 1/3 of U.S. expatriates living abroad working for a U.S. or foreign company keep a home. Of those that keep their home, about 1/2 have the house empty and the other 1/2 have a family member or someone else living in the house. For those that have an empty home, over 90% had not secured vacant home insurance! Of those that did not buy vacant homeowners insurance for the house, about 95% were totally unaware that it was even necessary.

When a house sits empty for over 90 days, vacant home insurance is absolutely necessary in almost all cases, and without exception. The more time a house is unoccupied over 90 days, the better chance the current insurer would not cover claims or losses. Also, the existing insurer in almost all cases does not have a vacant home insurance product they can offer clients.