Vacant Property Insurance in Virginia & Maryland
Beacon
Vacant Property Insurance
- What Is It?
- Who Needs It?
- WHAT QUALIFIES?
Vacant property insurance is specialized insurance for unoccupied houses.
Snowbirds who leave the region for part of the year
Residents who have vacation homes that are only used certain months
Homeowners who are moving out-of-state temporarily
Landlords who have vacant properties that won’t be filled immediately
Homeowners and landlord insurance policies individually stipulate how long a house can remain unoccupied before coverage is jeopardized. The period is often 30 or 60 days, though. If a home is unoccupied for longer than this, vacant home insurance is probably needed.
Beacon Insurance Group is Here to Help
For decades, Beacon Insurance Group has been providing quality and affordable insurance coverage to the good people of Virginia and Maryland. Our team has carefully handpicked reputable insurance companies that we are confident can provide you with the security and peace of mind that you deserve.
Whether you are a business owner or looking for protection in your everyday personal life, we know that you don’t have the time to worry about your insurance programs. That’s what we are here for. At Beacon Insurance Group, we do the digging to find you the best possible coverage at the best possible price.
It’s incredibly important to us that we continually provide you with expertise and that personal touch that you are looking for when it comes to finding high-quality vacant property insurance.
Fill out the form to get in touch with a specialized vacant property insurance agent and we will get you the superior customer service that you deserve!
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What is Vacant Property Insurance?
Homeowners insurance provides multiple protections for insured houses, but the protections often only apply when a house is regularly occupied. If a house in Virginia or Maryland is left unoccupied for an extended time, vacant property insurance may be needed for it.
Vacant property insurance is specialized insurance for unoccupied houses. Because the insurance is unique and specialized, it’s advisable to work closely with an insurance agent how’s familiar with these policies when choosing coverage.
Who in Virginia & Maryland Should Have Vacant Home Insurance?
Anyone who owns a house in Virginia or Maryland that’s not occupied for an extended period may want (and sometimes be required to have) vacant home insurance. This may include:
- Snowbirds who leave the region for part of the year
- Residents who have vacation homes that are only used certain months
- Homeowners who are moving out-of-state temporarily
- Landlords who have vacant properties that won’t be filled immediately
How Long Can Homes Be Unoccupied Before Vacant Home Insurance is Needed?
Homeowners and landlord insurance policies individually stipulate how long a house can remain unoccupied before coverage is jeopardized. The period is often 30 or 60 days, though. If a home is unoccupied for longer than this, vacant home insurance is probably needed.
How Much Does Vacant Home Insurance Cost?
Premiums for vacant home policies tend to be more than what standard homeowners insurance costs, and the difference can be as significant as 50 percent in some cases. The additional costs may be mitigated by adjusting personal property coverage, liability coverage and other protections, however. Adjusting coverages can be an especially effective strategy if they’re available through some other policy (e.g. another homeowners policy).
Additionally, shopping around for coverage with an independent agent can help ensure that homeowners get the coverage they need at the most affordable rate available. Independent agents are able to compare policies across multiple insurance companies.
How Can Homeowners in Virginia & Maryland Get Vacant Property Insurance?
If you need help insuring an unoccupied house in Virginia or Maryland, talk with us at Beacon Insurance Group about vacant property insurance. Our independent agents are ready to assist you.
What are the Advantages of Working with an Independent Agent like Beacon Insurance Group?
This is a question that we hear all the time – and that’s okay! – because we know that the insurance world can be confusing. That’s why we are here to help you.
Securing your insurance through an independent agent rather than buying straight from an insurance company is similar to hiring a lawyer before going to court, rather than defending yourself. Just like lawyers, independent agents have the knowledge of the entire industry with attention to important, cost-saving details that only come with years of experience.
But, UNLIKE lawyers, going through an independent agent not only comes with no extra charge, but it can often SAVE you money by being able to shop your needs to many different insurance companies, and also by ensuring that you are only being covered for what you need.
Independent agents are your helping hand in your journey through the overwhelming insurance world. We are real human beings that are equipped with the knowledge, expertise, and friendliness to help make your life easier, especially in tough times. We recommend you submit a form on this page to talk to one of our agents for free – at your convenience!
