A property owner contacted us after running into difficulty arranging insurance for a building they had purchased as a renovation project. The plan was to carry out significant refurbishment before moving into the property, but during the works the building would be empty for several months.
Many standard property policies place strict limits on unoccupied buildings. Once a property has been empty for a certain period—often 30 or 60 days—cover can become restricted or in some cases removed altogether.
Due to the property remaining empty for a while, the owner found that several insurers were unwilling to offer cover. However, we were able to explain to the insurer our client’s renovation plans, the security arrangements in place and the expected timescale for the project.
Therefore, we were able to arrange:
- A policy for the unoccupied property undergoing refurbishment
- Protection towards damages from fire, escape of water and vandalism whilst the work is being carried out
If you found it difficult to find cover for your property, business or home, get in touch with our experienced team today. We’ll do the hard work and try our best to find you a policy that meets your requirements.
