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Geico Vacant Home Insurance Florida Quotes Rates

Unoccupied home insurance covers you when your home is empty for longer than your standard policy allows. Some people are reluctant to insure their vacant homes. In most cases, the budget restricts people from making that important decision.

With Geico, you can effortlessly find a policy that’s ready to go within your budget to provide you with the most appropriate insurance. Our experienced agents help you compare different quotes so you can find the cheapest option to cover your empty home.

  • During renovation
  • Between tenants
  • Probate
  • Pending sale, among others.

The reason we emphasize the need for a specific vacant home insurance policy is that standard construction insurance may not be willing to cover your property. There are several reasons why your property may be vacant for some time, including the following:

Geico Vacant Home Insurance Coverage Review

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Geico Vacant Home Insurance Florida Quotes Rates

An empty house, unlike an occupied house, may risk more dangers that can cause significant losses. Some of the areas covered by this type of insurance include:

  • Storm damage
  • Malicious damage
  • Riots and impact
  • Fire
  • Stole

Keep in mind that the quote you get from any of our agencies depends on several factors. The location of your property, the possible risks and the amount of coverage you want are some of the factors that affect the price of your policy.

Vacant Home Insurance Benefits

Unoccupied: no occupants, but no furniture or other furniture. Vacancy: no tenant or content; Empty, empty. The difference between the two is a matter of time and intention.

Typical homeowners insurance policies will not cover fires, vandalism, liability or other types of claims on vacant or vacant property. As a result, homeowners who want coverage for an empty or uninhabited home must purchase vacant or vacant homeowners insurance.

Insuring an unoccupied property with Home Protect can also cover renovations for as long as you need, or you can protect an empty house in succession. We can insure the building and any contents, and we will also protect against common claims such as malicious damage, vandalism, or fire.

Some of the benefits of obtaining a vacant or unoccupied homeowners insurance policy from Geico include the following.

Liability coverage

If someone is injured while on your empty property, and the authorities hold you accountable, this policy will help. Covers the costs of bodily injury as well as property damage to a third party.

Full 12-month policy

You can get a flexible payment plan, as well as a pro-rated cancellation in case you need to cancel before the end of the year.

Owner flexibility

Every time you rent your property and it remains vacant between tenants, a vacant housing policy can cover the loss of income.

Actual Present Value

When partial loss or damage occurs, this policy covers a percentage of the cost to replace or repair your damaged home. Coverage is generally less depreciation and other applicable deductibles, depending on the age and condition of your home.

Agreed loss agreement

In the event of a total loss of your vacant home, this policy pays you the agreed amount of your home less applicable deductibles.

Vacant Land Insurance Cover

Your vacant property could also be in the form of land. Vacant land insurance covers any claim for bodily injury or property damage. Geico will cover you so that when people are involved in an incident while on your property, you remain protected.

Most importantly, vacant land insurance will keep you financially protected in the event that someone is injured and involves you in litigation. However, please note that this coverage does not extend to damage that may occur to your land.

  • Geico Vacant Home Insurance Florida Quotes Rates.