Vacant Commercial Property Insurance
Business Insurance Specialists can obtain coverage for Vacant Commercial properties. If you would like a quotation for your unoccupied property complete this form.
Coverage can be provided for the essential property owner risks of:
- Building
- Glass
- Liability
Banks will require when a loan is provided, for insurance to be in place. In obtaining cover, you are ensuring you are not breaching your bank covenant relating to insurance.
With normal property owner insurance, there are exclusions commonly called Unoccupied Property exclusions, whereby coverage is excluded if a property is vacant for a certain period of days – commonly 60 days, which can differ depending on the policy type. By having a tailored policy for your property, you can be comfortable in the knowledge that you have the correct and proper protection.
Business Insurance Specialists provides competitive terms for commercial property insurance for vacant buildings. Please contact us today for a no-obligation quotation.