Vacant home insurance
The vacant property request continues with the home application for a house, condo or 2–4 unit building.
Insurance for Fully Vacant Commercial Property
Don't leave your empty commercial building uninsured. Get its property and liability quoted while it sits fully vacant.
A fully vacant store, office, warehouse or building of five or more apartments can be insured for property and liability while it sits empty. The programs we use look at how long it has been empty, its prior use, security, utilities and planned work. One allows up to 24 months of vacancy, and terms of 3, 6, 9 or 12 months can be requested.
- Who qualifies
- Fully vacant stores, offices, warehouses, mixed use buildings and apartment buildings of five or more units
- How long it can sit empty
- Up to 24 months on one program
- Typical limits
- Up to $5 million per building on one program, or $4 million with up to 6 locations on one policy on another
- Terms
- 3, 6, 9 or 12 months can be requested
We shop the market for you, no broker fees
Start with the building, its vacancy and its condition
Insurers price a vacant commercial building on much more than its value. Vacancy duration, prior use, security, utilities and planned work help describe the property. The coverage requested and the property's circumstances still require underwriting review.
The vacant building
Describe construction, building and roof age, floor area, inspections, utilities and how the property is secured.
The protection requested
Identify building values, any business personal property or other structures, deductibles and whether premises liability is needed. Optional coverages are requests for review, not automatic inclusions.
Work and insurance history
Explain planned renovation or construction, contractor involvement, prior insurance and losses. List any mortgagees, loss payees or additional insureds that need to be considered.
Short terms available
You can request 3, 6, 9 or 12 months. The term offered depends on underwriting.
What to have ready
- The fully vacant commercial property's address and prior use
- Building details, values and requested protection
- Any renovation plans and contractor information
- Prior insurance, loss information and the interests to be listed
A different property needs a different request
Vacant land insurance
Use the land request for undeveloped property with no buildings.
Builders renovation insurance
Review work on an existing building separately from the fact that it is empty.
Prepare the building's vacancy history
- How long the entire property has been vacant
- Building location, construction, condition and value
- Security, inspections, utilities and planned work
- Requested coverage, deductibles and loss history
Questions we get asked
Can I use this application for a partly occupied building or an empty home?
No. This application is limited to fully vacant commercial property. An empty house, condo or 2–4 unit building starts on the vacant property page, which continues with the home application. Partly occupied property and farms need a separate scope review; do not describe them as fully vacant commercial property to use this form.
Can I request a short policy term?
Yes, the application lets you request 3, 6, 9 or 12 months. The available term, coverage and conditions are subject to underwriting; selecting a term does not guarantee an offer.
What if renovation or construction is planned?
Planned work is reviewed, so describe the work, its estimated cost and whether a contractor will perform it. Structural work and the contractor's liability coverage have separate questions. Answering them does not establish that the work is eligible.
Does completing the form give me a quote or put coverage in force?
No. It collects information for broker review. Required documents, carrier delivery, underwriting and any binding requirements still need handling. Completion is not an automatic carrier submission, an instant price or coverage in force.
Review your coverage options.
A licensed broker can review eligibility and policy terms with you.