Note to the Public, A Boarded Home Does Not Qualify for Vacant Homeowners Insurance

We have received a lot of calls about homes that are either abandoned, boarded up, in disrepair, or all three. We have to note again to the public that our underwriters will not consider a home in this condition for vacant home insurance.

Homes that receive quotes for vacant home insurance need to be in good or better condition, livable in every way, and not in need of any major repair or be under any current construction.

Homes that do not qualify for vacant home insurance for these reasons should investigate their State's "fair plan" insurance solutions that have much lower qualifications. The "fair plan" insurance solutions vary by State and the standards on what they are willing to accept will also vary if vacant homeowners insurance is requested for houses that are no longer occupied.

Vacant Home Insurance Renewal Policies

As a notice to existing customers, if you have a vacant home insurance policy in effect at this time, you can renew vacant homeowners coverage by working with XN Financial directly at www.xn.com or 514-908-1835.

XN Financial Services, Inc. of Montreal and Boca Raton Florida can work with insureds directly at the end of their term of insurance for vacant home insurance or vacant condo insurance to offer another insurance term of 90 days, six months, or one year.

Renewal rates for most customers have not increased more than 5% in the last two years. Some clients have not had rates increased at all. Most clients that wish a new renewal period for any vacant home insurance policy simply need to call XN Financial. In most cases, the entire renewal can be done over the phone with no new paperwork.