We can consider coverage for vacant buildings with or without renovations, vacant tenant spaces and vacant condominiums. Our product can be quickly and easily quoted for 3, 6, 9 or 12-month policy terms on a monoline or package basis.
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Ineligible Vacant Property
Please note we cannot offer coverage to the following:
  • Currently damaged (fire or otherwise)
  • Not locked and fully secured from unauthorized entry
  • Undergoing structural renovations
  • Tenants have been evicted from the premises within the past 60 days or are in the process of being evicted
  • Plans for demolition during or after our policy term for Property and plans for demolition during our policy term for general liability
  • Swimming pools on the premises
  • Risks located on a farm or in AK, LA or WV

Available Coverage for Vacant Property
  • No restrictions on length of vacancy
  • Vandalism is included with property coverage
  • No liability deductible
  • Short-term policies can be extended by endorsement or if the occupancy changes we can consider coverage under one of our other products
  • Independent contractor's coverage available
  • Special form and replacement cost coverages are available for some risk
  • Renovation work up to $250,000 in cost (non-structural)
  • Business Personal Property coverage up to $250,000

Coverage Limits Available for Vacant Property
  • Property limits up to $5,000,000 in total insurance value (depending on risk characteristics)
  • Contents coverage up to $250,000
  • In coastal zones, property is available up to $500,000 per location excluding wind and hail
  • Vacant condominium units property is available up to $500,000 per unit
  • Liability limits up to ◦ $1,000,000 each occurrence/$2,000,000 aggregate
  • Additional excess liability limits can be provided up to $5,000,000