Do I need home insurance on a vacant home?

Yes. Standard policies usually stop covering vacant homes after 30–60 days. You’ll need a vacant home policy to stay protected.

Yes DEFINITELY! Worth mentioning is that vacant home insurance is different than occupied home insurance. The reason for that is when a home is occupied -- the insurance company is assuming someone is present and any issue (such as a leaky refrigerator waterline) will be discovered quickly. With a vacant home -- it can continue to leak much longer before discovered. So premiums are higher for vacant homes. Also, if there is a claim and the its discovered that the home was vacant at the time -- there may be coverage issues. Contact your insurer to make sure the home is properly covered until the closing paperwork is completed!!

Yes — you’ll definitely want to keep insurance on the property while it’s vacant, but there’s an important detail many homeowners don’t realize. Most standard homeowner’s insurance policies have limitations if a home is vacant for a certain period (often around 30–60 days). After that point, coverage for things like water damage, vandalism, or theft may be reduced or even excluded. Because of that, it’s usually a good idea to: • Notify your insurance provider that the home will be vacant • Ask about a vacancy endorsement or vacant home policy • Make sure you understand exactly what is and isn’t covered Vacant homes are considered higher risk since issues like leaks or damage may go unnoticed longer, so insurance companies adjust coverage accordingly. Many sellers also take extra precautions such as: • Keeping utilities on (especially heat during colder months) • Having someone check on the property periodically • Maintaining basic upkeep The goal is to make sure you’re still protected during the time the home is on the market.

You should always have insurance on your home. I live in a resort community and we have many short term rentals, or just vacation homes. What happens if while your house is being marketed for sale, it burns down, or someone slips and falls? you’re going be on the hook, out of your pocket.

Yes you need insurance always