Useful Information about Unoccupied Property Insurance
Why is unoccupied property insurance required?
The property may have become empty due to bereavement.
Most insurance policies, either home, commercial or let property generally restrict cover to 30 days unoccupied.
You may be between tenants or the property is awaiting sale.
The property may have been purchased for you to live in or your business to occupy at a later date after you have completed renovations or have sold the business property or house you currently occupy.
What's the problem?
There are greater risks associated with empty properties — many problems with arson and malicious damage.
There is a risk of squatters moving into an empty property.
The property being empty creates a bigger window of opportunity for criminals to damage the property — there may be 24 hours in the day for your property to be attacked — not just when you're not there.
How can I make things better?
Make sure the property is visited regularly.
Turn off the central heaving and drain down the system.
Seal off letter boxes, in some areas you may consider it necessary to board up windows.
Why choose Buckingham Insurance?
Independent insurance broking from an expert in this area of insurance. Professional insurance broking in an area of insurance that direct companies and comparison rarely dare to tread. Competitive premiums independently researched on your behalf with support from professional qualified staff.