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joanw2947's avatar
joanw2947
Explorer
Aug 04, 2015

A 3rd Insurance Issue It Might Be Helpful to Know About

With all of the talk about insurance, I thought it might be helpful to someone to share a situation with our insurance. Our homeowner's policy does not cover certain things like water damage and break ins/theft if our home is vacant for more than 30 days. I almost didn't notice this in our policy. When we are gone for more than 30 days at a time -- which we do a couple of times a year -- we pay $50 for a rider to cover this. I thought this might be something someone else might not have thought about.
  • ScottG wrote:
    So it's just the stuff inside that isn't covered?
    I have a house for sale that's sitting completely empty..
    \

    In the case of my parents house, after they passed the house was vacant for some months until it sold. You can get insurance for a vacant house, but it is very pricey. Which is what we did. Were worried it would get broken into and trashed.. Money well spent in my opinion. Can't really remember, but think if it was vacant for so long, they would not cover anything ( exclusion in the policy, if memory serves) . Probably worth a call on your part.
  • So it's just the stuff inside that isn't covered?
    I have a house for sale that's sitting completely empty..
  • I was not aware of that issue. Unfortunately I will not be going anywhere for over 30 days. :(

    Thanks for the info.
  • Yes insurance companies do not like un occupied homes. Great point to make and probably most people are not aware of.

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