Unoccupied- Home Insurance

Unoccupied home insurance is a type of insurance policy designed specifically for properties that are either unoccupied or left vacant for an extended period of time. It provides cover against certain risks such as fire, theft, vandalism or water damage while the property is unoccupied.

The cost of an unoccupied home insurance policy will vary depending on several factors such as the size and location of the property, as well as any additional risks associated with leaving it vacant for extended periods.

At Echo Finance, we're a truly independent broker, which means we can help you find the right unoccupied home insurance policy to meet your needs. We have access to a wide range of insurers and policies so you can be sure of finding comprehensive cover at a competitive price.

Whether you're leaving your property vacant for a few weeks or planning an extended absence, it's important that you have the right cover in place. An unoccupied home insurance policy can help provide you with peace of mind, knowing that your property is protected while you're away.

If you'd like to find out more about protecting your unoccupied property with an appropriate insurance policy, contact Echo Finance today and one of our expert team will be happy to help!

What is unoccupied home insurance?

Unoccupied home insurance is a type of niche homeowners insurance product that is designed to cover homes that are uninhabited for an extended period of time.

• Unoccupied home insurance covers your property if you need to leave it vacant for longer than your standard home insurance allows.
• Unoccupied property owners liability is covered with £2 million liability insurance built into most policies.
• Flexible cover is available for homes, flats or properties that are empty for 30 days or more, even if the property is vacant because of renovations or other reasons.
• Unoccupied house insurance features the same coverage as a standard Home Insurance policy but can cover your home even if empty for an indefinite period.

When do you need unoccupied home insurance?

It's important to note that standard home insurance policies do not cover vacant or unoccupied properties. If you plan on leaving your home temporarily unoccupied or vacant, you should consider adding an endorsement to your existing policy or purchasing a separate policy specifically for the period of time when the home will be unoccupied.

Here are a few examples of when specialist unoccupied property insurance may be necessary:

• If you are going to be away for more than 30 days.
• If your home is uninhabited during a sale due to delays in the completion process.
• If you're moving into long-term care
• If the property is a holiday home and will remain unoccupied for extended periods of time.
• If you're a landlord whose property is temporarily vacant between tenancies.

As with standard Home Insurance, having an up-to-date unoccupied home insurance policy in place can give you peace of mind and ensure that your property remains covered against any unexpected events over the course of the year.

At Echo Finance we understand that everyone's needs are different and can help you find the right unoccupied home insurance policy to meet your requirements. Not sure if unoccupied property insurance is right for you? Contact our team of experts today who will be more than happy to answer any questions you may have. We look forward to hearing from you!

What does unoccupied home insurance cover?

Unoccupied property insurance covers the same types of risk as standard Home Insurance policies, including:

• Fire, lightning and explosion risks.
• Theft and break-in risks.
• Storm or flood damage.
• Burst pipes and leaks.

In addition, some unoccupied home insurance policies may offer additional coverage such as alternative accommodation if your property is damaged or destroyed and cannot be occupied while repairs are taking place.

Echo Finance can help you find an unoccupied house insurance policy that covers all your needs and provides valuable peace of mind when it comes to protecting your property for extended periods of time. Get in touch with our team today for more information.

We're here to help.

Why are unoccupied properties more at risk?

Vacant properties are particularly vulnerable to risk due to their lack of human occupants. This means that no one is there to catch potential problems such as fires, floods or burglaries early on and take appropriate action. In an empty house, issues can escalate and cause more damage than they would in a property that is occupied.

Unoccupied homes are also more attractive targets for burglars, squatters and vandals. This is why it's important to make sure you have the right insurance in place before leaving your property vacant for any length of time.

With unoccupied property insurance, you can protect your vacant house against any unexpected risks that could occur during the time it is left vacant. This type of policy provides complete peace of mind and ensures that your empty property remains safe and secure even when you are unable to be there.

Benefits of unoccupied property insurance

Unoccupied property insurance can offer significant benefits to property owners who are planning on leaving their property unoccupied for an extended period of time.

The main benefit of unoccupied property insurance is that you're covered for any unexpected events that may occur in the empty property, including storms, floods and theft.

Other advantages include: 

• Cover for any damage caused by fire, flooding, storms, theft, vandalism or burst pipes during the period of vacancy.
• Protection against any legal liability arising from accidents that occur on your property while it is unoccupied.
• Coverage for alternative accommodation if necessary following an incident.
• Peace of mind knowing that your property is insured even when it is unoccupied.

At Echo Finance we can help you find the right empty property insurance policy to meet your needs and provide valuable protection against any unexpected events that may occur while you are away from your property for an extended period of time. Contact us today for more information. We're here to help.

How much does unoccupied house insurance cost?

The cost of insurance for unoccupied properties is typically around 50% more than standard home insurance cover. This is due to the increased risks of theft, vandalism and damage that can occur when a property is left vacant for an extended period. The cost can vary depending on several factors, such as the size of the property, the duration it is left vacant and the area where it is located.

At Echo Finance we understand that everyone's needs are different and will work with you to help find a policy that fits your budget. We offer competitive rates so you know you're getting value for money when purchasing an unoccupied house insurance policy from us.

Speak to an expert

At Echo Finance today to find out more about unoccupied property insurance and to get a quote tailored to your needs. We're here to help you get the right coverage for your empty home.

We look forward to hearing from you!