Vacant Properties Need Special Coverage

Do you own a vacant property? Did you know that a standard home insurance policy doesn’t cover that vacant property? If you file a claim that is insured under a standard policy, your claim could be denied. Here’s where Equity Insurance Agency can help. Our top-rated carriers offer special vacant property insurance for Illinois residents.

We Protect Personal and Commercial Structures

Whether you need to cover a vacant home or business space, our agents will look through your options and find you a policy. We work with a number of insurance companies, so we can get the coverage you need at a price that is right for you.

Some common reasons people may use vacant property insurance include:

  • Moving before selling your home
  • Selling a home to close an estate
  • Being between renters in a home you own
  • Renovating your home
  • And more

If any of these situations apply to you, or if there are any other reasons that you have a vacant property in need of insurance, you should contact our agents about an insurance plan.

Even a few days of vacancy can pose a threat to your investment. With no one to deter unwanted attention, your property is more prone to robberies, vandalism and generally malicious behavior.

But, that’s just the beginning; vacant properties are also at a higher risk for damages from:

  • Fire
  • Explosions
  • Lightning
  • Smoke
  • Sprinkler leakage

If addition to purchasing coverage, you should inspect your property regularly for damage, seal off all windows and install an alarm system to deter any intruders.

You’ve worked hard for your property, so don’t leave it vacant without the right coverage. For a consultation, please call your Illinois insurance experts at Equity Insurance Agency, or visit our office in Lombard, just outside of Chicago. We will get you started with an insurance quote right away!