Unoccupied property Insurance
Free advice on Unoccupied Property Insurance
As insurance brokers we have several schemes (not available online) for unoccupied property insurance. We prefer to give advice to ensure that your needs are met so please request a call-back by selecting the appropriate option from the 'Houses' drop down menu above. We look forward to speaking with you.
Information below about unoccupied property
insurance is slightly inaccurate/ out of date
Our unoccupied property insurance is suitable for houses and all types of residential property - no matter how the home became unoccupied or the future intentions of the owner of the house.
Home insurance is available whether the property is unoccupied pending sale, renovations, to be let out our lived in. The policy is suitable for executors of an estate awaiting probate for instance as well as putative landlords 'doing up' the property in preparation of letting out as well as 'investment properties'.
Quotes for unoccupied home insurance are available for properties anywhere in the UK. This includes unoccupied property in major cities like London, Birmingham, Glasgow or Newcastle and known problem areas like Bradford, Oldham. There is great flexibility, cheap insurance premiums and very wide cover.
Examples of the need for
unoccupied home insurance
Unoccupied home insurance comes with TWO levels of cover - 'Limited' and 'Full'. 'Full' cover is not available, without referral, for properties undergoing structural renovation. Even the 'Limited' level of cover far exceeds that given by most unoccupied home insurance policies.
'Full' insurance cover provides all the policy benefits of a home insurance policy, with the exception that cover for contents in the garden are (naturally) excluded. This may be available for property being structurally modified on referral. However there are some requirements.
Insurance policies have excesses. Unoccupied property insurance includes the following:-
The unoccupied home insurance is fully compatible with either a landlord insurance or a home insurance policy.
With the former the insurance premium depends on the tenant residing in the property (standard, DSS, Students, Asylum seekers, holiday home - all can be covered), cover automatically reverts to 'FULL' once we are advised of the change, the escape of water excess reduces to £150.00 (unless the £250.00 option was taken) and accidental damage cover is available.
well as the change in excess), premium rates for both buildings and
contents are substantially reduced (see here for a further unoccupied property
insurance quotation with quotes for home insurance. Furthermore all
risks cover may be added to protect valuables e.g. jewellery or
electrical equipment (IPads, IPhones etc), pedal cycles, frozen food,
sports equipment, money and credit cards. An enhanced no claims bonus
of up to 25% and discounts for the over 50 result in very cheap home
There is therefore no need to cancel the policy mid-term due to a change of use. Call us and we'll sort it out.
The insurance may be cancelled at any time if, for example, the property has been sold. The return premium will be based on 30 days more cover, loss of commission on the resulting amount and a £15.00 fee (much lower than most insurers charge).
Companies providing unoccupied home insurance, will normally only do so if the insured is willing to help reduce the chance of a loss - this is known as risk-management. This is not, per se, a requirement for this insurance policy but well recommended.
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Portwood & Co are registered at 145 Newgate Street, Bishop Auckland, Co Durham. DL14 7EN. Unoccupied property insurance is administered at 145
Newgate Street, Bishop Auckland. DL14 7EN
Tel 01388607105 for any queries, advice, help or assistance.