Vacant Building Insurance
Vacant Building Insurance provides property coverage for unoccupied commercial and residential buildings. Standard commercial property policies typically exclude or severely restrict coverage once a building has been vacant for 60 consecutive days. Vacant building programs protect owners of unoccupi…
Who Needs This Coverage
- Property investors with vacant buildings
- Owners of buildings between tenants
- Real estate developers with properties under renovation
- Estate executors managing inherited vacant property
- Businesses temporarily relocating or closing a location
What's Covered
- Fire and extended perils
- Vandalism and malicious mischief
- Structural damage from weather events
- Premises liability for third-party injury
- Optional loss of rental income endorsement
Frequently Asked Questions
Why does my standard property policy stop covering my vacant building?
Most commercial property policies include a vacancy clause that suspends or severely restricts coverage — particularly for vandalism and glass breakage — after the building has been vacant 60 consecutive days. Insurers view vacant buildings as higher…
How long can a building be vacant before I need a separate policy?
The vacancy clause in most standard commercial property policies triggers at 60 consecutive days of vacancy. Some policies use a 30-day threshold. As soon as you know a building will exceed 60 days unoccupied, notify your carrier and arrange a vacant…
Does vacant building insurance cover vandalism?
Yes — vandalism and malicious mischief are among the primary exposures for unoccupied properties and are typically covered. Some vacant building policies require as a condition of coverage that you board up all ground-level openings, install security…