Your normal California home insurance policy may not cover your home if you aren’t living in it for an extended period of time. If this is the case, you might need vacant home insurance.
A vacant home insurance policy in California works much the same as your normal home owner policy. However, vacant home insurance will offer you unique features to make sure you aren’t paying more than you have to.
– What does vacant home insurance cost?
– What are its essential features?
– And how does it work?
California Vacant Home Insurance: Protection While You’re Away
You may need vacant home insurance in California if you meet any of the following conditions:
– You’ve moved into a new house but have not sold the now-vacant one
– You have been deployed
– You’ve left on sabbatical or have taken an extended trip
– You’ve moved out while your home is undergoing renovations
Vacant vs. Unoccupied Homes
There is a difference between vacant and unoccupied homes. “Vacant” refers to when your property has none of your personal property inside, while “unoccupied” means your home looks mostly the same as when you lived in it. These differences can affect the kinds of policies you should look for.
Best Types of Vacant Home Insurance in California
Your usual California home insurance can protect your home while you are out. However, if that period of time is longer than, say, 30 days, you might need a different kind of coverage. But why pay full price? A home insurance policy covers many situations while you are living there. This coverage can be useless when you are away. Therefore, you need a policy that protects you from special circumstances that only occur while you are not living there:
Fires and floods – If lightning strikes a tree on your property or a pipe breaks while you’re away, this could endanger the properties and people around your home. Your typical vacant home insurance cost should include coverage for these and other named perils.
Liability coverage – If someone hurts themselves on your property while you are away, you could be responsible for their medical bills.
At Home or Away, Your Insurance Policy Can Save the Day
Overall, it’s best to discuss with your insurance agent what liability coverage you will actually need. Vacant home insurance costs in California will depend on how much you end up getting. So if you plan on leaving your home for a long while, be sure to let him or her know. Switching to a vacant home policy could save you money—in addition to your vacant property.