Vacant Dwellings

Located in Bradley, Illinois

Insurance For Vacant Dwellings

Whether your vacant property is waiting for new owners, renters, or is simply uninhabited, it’s important to ensure it stays protected. Taylor Insurance Services Inc. in Bradley, Illinois can work with you to find excellent vacant property insurance coverage for your unoccupied or vacant dwelling.

Give us a call today at 815-933-3131 to get started.

Unoccupied Vs Vacant Homes

When securing insurance for vacant and unoccupied homes, understanding the distinction between the two is crucial. Insurance policies often have exclusions for vacancy, but not for unoccupancy. Accurately determining whether a property is unoccupied or truly vacant is essential during the insurance claim process.

Under an insurance policy, vacancy exclusions typically do not provide coverage for vandalism, theft, broken building glass, or water damage.

Vacant Properties

Vacant properties are completely empty and have neither tenants nor personal property. They are substantially devoid of personal property that is needed to sustain regular occupancy.

Unoccupied Properties

Unoccupied properties are defined as property that was left with all possessions and items from the former inhabitants as though they were to return to the property.

Why Is This Insurance Important?

If your home is vacant or unoccupied, it remains vulnerable to property damage. Since standard homeowners insurance policies typically don’t cover uninhabited buildings, any losses may need to be paid out of pocket. Vacant dwelling insurance ensures your home is protected even when it’s unoccupied, covering potential damage under the insurance plan.