Home Services Live-In Guardians Mitigating Risk & Minimising Cost Insurance
If insurers’ requirements are not met then a building is not covered. When a property becomes vacant insurers will usually have particular conditions about how the property needs to be protected and managed in order to be covered by their policy.
These can be property specific and require a response to ensure that the day a property becomes vacant measures are already in place to keep the insurance policy valid.
The insurer Zurich reports they pay out more in water damage each year than they do for fire
A day when a property is uninsured is a day with heightened risk. This should be prevented.
Occupied properties tend to carry a much lower risk profile than unoccupied properties. Our emphasis is on providing short-term occupation that can mitigate these risks and, in some cases, reduce insurance premiums.
Contact us to discuss the insurance requirements of your unoccupied property and we can explore solutions to mitigate your risks.
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