Insurance for Unoccupied properties with the intention to let

What is unoccupied property insurance?

If no one is living in a property for a period of time, for example, if you’re in between lets, this is know as an unoccupancy, or vacant property.

It’s important to ensure your property is protected during periods of unoccupancy as this is when insurers deem properties at their most vulnerable and highest risk in terms of protection required.

We specialise in providing cover for many of the situations property owners need insurance cover for, including protection for when your property is empty.

We offer short term and annual policies on all unoccupied and empty property insurance, offer as much flexibility as possible, and we can also change the cover you require during the term of your policy, should the property become occupied by tenants for landlords, to avoid setting up a whole new policy.

Unoccupied with intention to let the property

For landlords, the condition of their rental property is important to attract new tenants, so having the right insurance cover in place whilst the property remains unoccupied is paramount.

We offer variations of cover depending on your needs and the level of risk.

Lots of property owners will diversify their use of an empty property to ensure they yield as much income from it as possible, for example, they may decide to advertise it as an AirBnB or holiday home in between period of it an unoccupied property. We offer lots of flexibility with our unoccupied cover, for example, we can change the cover of the existing unoccupied insurance cover to landlords insurance cover of the same policy and term – rather than having to start a whole new policy.

Frequently Asked Questions

Can I still get cover if I’m having work done on the property between lets?

Our unoccupied insurance includes cover for renovation and maintenance, so even if you’re getting the property ready for your next tenants, we can cover you.

Can I arrange unoccupied cover if I don’t yet have a new tenant lined up?

Yes. You can arrange cover while you’re marketing the property and carrying out viewings, even if you don’t yet know when the next tenancy will start.

What happens to my unoccupied cover once new tenants move in?

When a new tenancy starts, the cover will usually need to be switched back to landlords insurance. With our flexible approach, this can often be done by adjusting your existing policy, so you don’t have to cancel and set up a completely new one.