Why is vacant Home home insurance so difficult to place in Colorado?If a home is vacant or unoccupied for longer then 60 days, many insurance carriers have a clause in the policy that will deny coverage for physical damage and liability if there is a claim.  The risk for a claim rises with each day a property is vacant or unoccupied.  Therefor, insurance companies protect themselves for unattended and un rented properties.What can you do to protect your vacant home?

• Talk with your current insurance agent/carrier about any vacancy clauses in the policy
• Look for a stand alone vacant home policy with an independent agent
• Discuss property only coverage if renovations are being completed.  There are contracts that fit the fix and flip very well

US Assure is an outstanding program for vacant properties.  Their vacant structure insurance program provides coverage for vacant residential and commercial structures.  Property Limits up to $5million and General Liability limits up to $1million.  Multiple policy term options and installment payments are also offered.Because many carriers don't offer vacant home insurance coverage, you must take a look at specialty markets.  Not doing anything can result in costly damages.Call us if you have any questions on how to best insure your property.Rick Cline303-932-1700CLICK HERE