Category: Unoccupied Property Insurance
Unoccupied property during probate: executor insurance guide
Have you been nominated as the executor of someone’s will? You may already have discovered the important duties that come with the role. If the estate includes property – the deceased’s home, for example – those responsibilities include taking reasonable …
Vacant property risks: why empty buildings can be harder to insure
Have you ever left your home empty for an extended period and needed to arrange vacant property insurance? You may have found that insuring an unoccupied property involves different considerations from arranging standard home buildings and contents insurance. Many standard …
Vacant property risks: what owners need to know about empty buildings
Do you own a residential property that is likely to become empty for longer than a month or so? Are you aware of the distinct empty property risks and the extent to which these may impact your buildings insurance? There …
Unoccupied properties and escape of water: why it’s one of the biggest insurance risks
A dripping tap doesn’t mend itself. The leak becomes steadily worse. If left undetected because no one is there in an empty property, the escape of water may become a torrent. The Association of British Insurers (ABI) says that escape …
Selling your home? Understanding unoccupied property insurance
Selling a property can create insurance complications many homeowners do not expect. The process of selling your home – from its initial listing, through viewings, offers, exchange of contracts and completion – can take weeks or months. During that process, …
How to secure an empty property
If you have to leave your home or a let property empty for longer than a month or two, it is more vulnerable to loss or damage. That makes securing the dwelling important not only for its physical protection but …
Unoccupied property insurance for renovation: Do you need cover while doing works?
If you are planning to have works carried out on your property, you may have come across references to the need for renovation insurance. Often, this appears as a brief reminder to check that you have appropriate insurance in place …
Probate property insurance: protecting an empty home after someone passes away
If you’ve recently lost a family member or close friend and are the executor of their will, dealing with their property can feel overwhelming. For many executors, property insurance is not the first thing that comes to mind – yet …
What is unoccupied property insurance — and when do you need it?
It’s important to know when your insurer is likely to regard any property you own as unoccupied. That’s when you might find that the safeguards typically protecting your home or let property fall short of what’s required – or may …
Probate and unoccupied property: what executors need to know
Being the executor of a will can be quite a responsibility. While the estate is in probate, you are charged with looking after potentially substantial financial and property assets. Get things wrong and you could find yourself personally liable for …
