Homes can become vacant for many reasons. Maybe you moved out but haven’t sold the property yet, or maybe it’s under renovation. Whatever the cause, Kinghorn Insurance Agency understands and has coverage options for you.
The words “vacant home” can have a pretty negative connotation. You probably picture a decrepit house with boarded up windows in a dilapidated area that no one would touch with a 39 ?” pole.
In reality, nice, normal homes go vacant every day.
Occasionally, people may buy an empty house to fix it up and flip it, or own a rental property that’s between tenants. For the most part though, people tend to leave their houses vacant after they move to a new home, and wait for their old place to sell.
Houses go vacant for other reasons too. Maybe you:
Whatever the reason, if you own a house that’s empty for a period of time, your Homeowners insurance might limit coverage. Most standard Homeowners policies include “vacancy,” “neglect” or “abandonment” exclusions, which means they can deny claims or drop your coverage if you leave your house vacant for a while.
Because vacant homes pose different risk characteristics, they’re considered a separate category for insurers, mostly because:
There’s a solution…
Vacant Home insurance exists to cover you if you have to leave a home empty (for whatever reason). It’s Specialty Home insurance designed to cover the things most vacant homes and homeowners have to deal with, like damages, vandalism, and liability issues.
You can even cancel it at any time if the place finally sells!
While your standard Homeowners insurance doesn’t fit the bill if you don’t live there anymore, consider Vacant Home insurance to cover the house you leave behind.
Interested in Vacant Home insurance? Talk to a Kinghorn Insurance agent today and find out how you can get the coverage you want.
Finding insurance for your vacant property can be challenging, mostly because a typical homeowners policy probably won’t cover the property after it’s vacated.
The Kinghorn Insurance Vacant Home Program though, offers specialized coverage developed for the unique insurance situation of vacant homes and their owners.
Since no one lives there, vacant homes tend to pose more risks than occupied ones. Acts of vandalism, liability, and fire, for instance, are potentially serious issues with a vacant home. Intruders might get hurt on broken floor boards or old fencing, and file a claim or sue. Some typical homeowner’s policies won’t cover these types of risks on a vacant property, but vacant home insurance is an option for you.
How much does Vacant Home insurance cost?
The cost to insure a vacant home is based on a variety of factors, including the state it’s located in, the amount of coverage you want, and the home’s risk factors.
A good way to determine how much it would cost, is to request a vacant home insurance quote from a Kinghorn Insurance agent.
Kinghorn Insurance also offers a variety of discounts that could help you save money when you insure your vacant home with us. Check with a Kinghorn Insurance agent to see which discounts are available in your state.
If you would like a free, no obligation South Carolina insurance quote, there are many ways to obtain one! Fill out our online quote form, call us, or stop by one of our offices.
Our Bluffton office is located between Bluffton and Hilton Head across from the Moss Creek Center at: 1544 Fording Island Rd, Hilton Head Island, SC 29926, or just click on the map to get directions.
Our Hilton Head office is located in Shelter Cove at: 23-D Shelter Cove Lane, Hilton Head Island, SC 29928, or just click on the map to get directions.