Insurance Broker for Vacant Properties
Learn more about insuring your property if it's unoccupied
Insurance Broker for Vacant Properties - Commercial Only
Learn more about insuring your property if it's unoccupied
IMPORTANT NOTE: Residential properties must be registered to a corportate entity to obtain cover. For avoidance of doubt, we cannot assist with properties owned by individuals.
Building Insurance for vacant properties
IMPORTANT NOTE: Residential properties must be registered to a corportate entity to obtain cover. For avoidance of doubt, we cannot assist with properties owned by individuals.
Insuring your property if it’s unoccupied can be challenging, but Morgan Insurance Brokers have access to a panel of providers that can offer cover for your vacant property. Whether the property is undergoing renovations, you’re seeking tenants, or the property is for sale, you still need to protect your property. Morgan Insurance Brokers can provide you with a comprehensive Insurance policy that is going to respond in the event of a claim.
What Does Vacant Property Insurance Cover?
Unoccupied Building Insurance policies can provide general protection against the below risks:
Why do you need property insurance for an unoccupied building?
Property Insurance for your commercial or residential building is still neccessary, regardless if the property is unoccupied. The risks to the property are still largely the same if there were tenants residing in the property. Weather events, arson, your liability to others, and vandalism are all common occuring claims that could result in a repair bill that could easily mount to the tens, to hundreds of thousands. An Insurance Policy that will protect your main risks is a small price to pay to protect your investment.
How Morgan Insurance Brokers can help
As your preferred Insurance Broker, Morgan Insurance Brokers will approach a panel of approved providers that offer cover to properties that are unoccupied. You as the consumer may not have access to these providers yourself. After doing a thorough market comparison on your behalf, we would put foward our recommendation that we believe will best protect your property. Morgan Insurance Brokers would be your point of call for all your insurance needs going forward, removing the need for you to speak to the insurance companies directly.
“Having the right insurance will help protect your business and minimise its exposure to risk. This may include insuring your business, your income and your commercial risk.”
Contact Morgan Insurance Brokers for your tailored Business Insurance Quote.
Morgan Insurance Brokers provides affordable, comprehensive insurance policies to protect your assets, including your vacant building insurance. Contact Us Today to find out how we can assist.
Contact Morgan Insurance Brokers for your tailored Business Insurance Quote.
Frequently Asked Questions
Vacant Building Insurance protects your building, and any contents/fitout within the property for such events like
- Fire
- Water, wind, storm, hail, snow
- Flood
- Lightening
- Earthquake
- Unforeseen damages
- Impact
- Property Owners Liability
There are a range of tailorable covers that you can elect to insure for depending on your requirements and budget. Morgan Insurance Brokers can assist by providing you with a personalised quote for your property.
Unoccupied Building Insurance premiums are based on the below, but not limited to:
- Construction of your property
- Duration of the vacancy
- The year the property was built
- Your claims history
- The location of your property
The information needed in order to obtain a quote would be
- Address of the property
- Construction details
- Claims history
- Information on why the property is vacant
- Information on the duration of unoccupancy
Insuring through an Insurance Broker for your Vacant Property Insurance guarentees you a speedy, reliable, friendly service. Our Role as your Insurance Broker is to provide you Comprehensive Insurance; jargon free, and easy to understand.
As your Broker, we have access to a large panel of insurers that you may not, being a consumer.
