Vacant Residential Property Insurance
When you find yourself with a vacant home, make sure you’re insured properly.
Vacant residential property insurance is a separate insurance policy that was created to cover the increased risks associated with unoccupied buildings. Unfortunately, vacant homes are just more likely to experience damage. You might not know how long your property will be vacant. Your insurance executive will work with you to determine what insurance terms are appropriate (3 or 6 months) and then help you if you require the insurance policy to be renewed from there.
Did you know that your home insurance is only valid if someone is living in the home?
If you find yourself having to leave your home empty for an extended period (anything longer than 4 days really), it is vital to let your insurance broker know. At that point, you can discuss your situation and determine what additional coverage you need to make sure your home is protected while it is vacant.
Here are some examples of some common losses that vacant residential properties can suffer:
- Hail, lightning or windstorm damage
- Water damage caused by broken pipes
- Malicious mischief on the property and general property destruction
- Squatters on the property who cause damage without the owner's knowledge
- Sprinkler leakage
Do all insurance carriers cover vacant homes?
Vacant residential property insurance is a stand-alone policy that can be purchased by any homeowner who finds themselves in a situation where their home or property is going to be vacant. Many people will find their insurer doesn't offer this kind of coverage. That's where we come in. Our experienced insurance brokers will work with any client to make sure they have the coverage they need.
Great company to deal with. We are very happy to switch over from our previous company and they also saved us some money!
My husband and myself have been with company for at least 25 years. They never disappoint always best rates.
Highly recommended and always delivers the best service for home and auto insurance. Able to navigate for best value, and listens to our needs.
Jennifer Mohler is absolutely outstanding. I was given Jen's contact information from a friend after moving to Calgary several months ago. Her professionalism and efficiency on finding me the best quote for auto is what led me to contact her again when I needed home insurance. She is very pleasant to work with as she is patient with explaining policies and has an eye for detail. Looking forward to dealing with Jen in the future!
I have been a client of C.J Campbell Insurance for over 16 years. I would like to express my gratitude to Joel White. Joel is absolutely amazing to work with. His professionalism, understanding and willingness to go above and beyond for clients is very commendable! When ever I have a question or if there is an issue he’s instantly working on how to resolve or answer my question. I highly recommend him for all your insurance needs.
My wife and I moved our insurance to CJ Campbell after Royal Bank started demanding annual payments from customers. We have been very happy for the past few years. Customer service is exceptional and staff work to help you get a fair deal. I would highly recommend CJ Campbell Insurance.