Published at Wednesday, April 04th, 2018 - 19:48:10 PM. Unoccupied Home Insurance. By Durand.
Your standard homeowners insurance company said they are no longer interested in insuring your home because of the change in the risk (the home went from being occupied full time by you and your family to now being vacant.) A slow economy and a lot of great values on foreclosed homes are causing a lot of homes to sit on the market much longer than most homeowners would like. Some homeowners can't wait for the sale of their home so they move and leave the home vacant. Whether it is moving to a new city to accept a job or a job transfer, families consolidating households, the home is vacant and so what should you do to be sure you have the right type of insurance coverage on your vacant home?
Another great way to get a lower insurance premium per month is to raise you deductible. The deductible is the amount that you have to pay out of pocket whenever you make a claim. Increasing the deductible you pay will lower your monthly insurance premium. This is because a higher deductible decreases the insurer's payout they have to make when a claim is made. Going online can help you get the cheapest vacant home insurance available. Look up different companies that offer the insurance and see what rates you can get. Be sure to get different comprehensive quotes. Because insurance is a competitive industry, you can always find good deals if you are willing to look around.
Any content, trademark’s, or other material that might be found on the HELAENE website that is not HELAENE’s property remains the copyright of its respective owner/s. In no way does HELAENE claim ownership or responsibility for such items, and you should seek legal consent for any use of such materials from its owner.