Insurance Agents - Bradley, IL - Taylor Insurance Services Inc.

Vacant Dwellings

Located in Bradley, Illinois

Insurance For Vacant Dwellings

Whether your vacant property is waiting for new owners, renters, or is simply uninhabited, it is important to ensure that it stays protected. Taylor Insurance Services Inc in Bradley, Illinois can work with you to find excellent coverage for your unoccupied or vacant property.

Give us a call today at 815-933-3131 to get started.

Unoccupied Vs Vacant Homes

When securing insurance for vacant and unoccupied homes, understanding the distinction between the two is crucial. Policies often have exclusions for vacancy, but not for unoccupancy. Therefore, accurately determining whether a property is merely unoccupied or genuinely vacant is essential during the claim filing process.

Under an insurance policy, vacancy exclusions don't offer coverage for vandalism, theft, the breaking of building glass, or water damage.

Vacant Properties

Vacant properties are completely empty and have neither tenants nor personal property. They are substantially devoid of personal property that is needed to sustain regular occupancy.

Unoccupied Properties

Unoccupied properties are defined as property that was left with all possessions and items from the former inhabitants as though they were to return to the property.

Why Is This Insurance Important?

If your home is vacant or unoccupied, it remains vulnerable to property damage. Since standard homeowners policies typically don't cover uninhabited buildings, any losses or damages would need to be paid out of pocket. Vacant dwelling insurance ensures your home is protected even when it's unoccupied, covering potential damage under the insurance plan.