Chances are your home, whether it’s occupied or not, is a major financial asset for you.
There may be several reasons why your home is unoccupied:
- You’re away on an extended vacation
- Your home is up for sale
- Your home is undergoing a renovation
- Or your home is for vacations and is only occupied periodically
Whatever the case may be, it’s essential to protect it with a vacant home insurance policy.
Vacant Home Insurance vs. Regular Home Insurance
Vacant home insurance typically provides the same types of coverage as a regular home insurance policy, such as:
- Property or Dwelling Coverage
- Personal Liability Coverage
- Medical Coverage
- Personal Property Coverage
But the major difference between regular home insurance and vacant home insurance is price.
Vacant homes are generally more expensive to insure because some risks, like break-ins, are higher when a home is not occupied. The greater the risk, the higher the premium.
But that’s no reason to skimp.
If you have a vacant home, you must protect it with a vacant home insurance policy. Why? Because many insurance companies will not honor claims for a vacant home if it’s covered under a regular home insurance policy.
If you have a home in Louisiana that’s vacant or will become vacant in the near future, contact Guffey Insurance at 225-291-4544 or request a free quote. We’re here to help.