Vacant Building Insurance provides property coverage for unoccupied commercial and residential buildings. Standard commercial property policies typically exclu…
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…
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…
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…
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…