Don’t leave your home unattended without vacancy insurance

If you are a person who travels frequently and stays away from home for extended periods of time, one of the first things you should do is to purchase vacancy insurance. It is possible that you have taken out home insurance to protect everything that can be stored in your home. However, like most people, you may have ignored the fact that home insurance will not help you if you leave the property unattended or unattended for a period of 30 days or more.

The insurance company that sold you the home insurance policy will automatically lower your insurance to vacancy if they discover that you are leaving the property unattended for a long period of time. In practice, this means that you are not insured against any damage that may occur during your absence. Vacant properties are the main target of burglars, vandals and squatters who can take possession of your property and leave it in poor condition. The insurance you purchased would be of no use to you under such circumstances.

You must provide your insurance company’s details on all of your assets before your vacancy insurance application is even considered. It is quite possible that a representative of the insurance company will visit you to determine the true value of your assets. You will be asked to install adequate security alarms before the policy is issued to you. The demands of the insurance company will no doubt cost you some money as well. Since you are going to buy another policy, you will also have to pay additional premiums, which will be communicated to you.

Vandals or squatters occupying your property in your absence will not leave a cheap third-party liability insurance policy for you to file a claim before they start damaging your home. You should have realized this issue the moment you first bought insurance on the property.

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