My insurer refused to renew the insurance on our rental property as it has been vacant for about 8-9 months. It is largely empty, water off etc, but I am still uneasy about not having any insurance in place. Local broker also ruled out insurance on vacant property.
Anyone know of acompany that will insure a vacant property(we are trying to get it let with a new agent)?
Allianz would only offer fire cover if it was currently insured and vacated. They won't take on un-tenanted properties. Nor will most insurers. Even insurers of rented properties with tenants will only generally consider on the basis of a rental agreement being in place.