A vacant dwelling is a property that is not lived in on a full-time basis. This can be due to the property being held for sale, undergoing repairs or renovations, or a variety of other reasons.
Depending on the nature and duration of a dwelling’s vacancy, many standard insurance policies will not provide coverage. Specialty insurance coverage is often necessary to adequately protect vacant properties.
BR Risk Group™ Specialty Insurance partners with top Specialty Insurance markets to provide tailored coverage solutions for your vacant property while it awaits renovation, rental, or sale.
Whether your vacant investment property is awaiting renovation, or is market-ready, securing both property and liability coverage is a must.
Property coverage helps protect the dwelling against loss from direct physical damage due to fire, lightning, windstorm, vandalism, theft, and other events.
Liability coverage is designed to protect you, the investor, from claims that happen at your investment property, including someone slipping and falling on your property.
