Vacant Homes May Require Special Insurance

If you own investment property that is vacant or need to move out before your home sells, be sure to check the fine print on your homeowners insurance policy.  You might be surprised to learn that a lot of standard policies will actually terminate coverage the day you move out putting you at great risk for catastrophic loss.   Laws vary by state, and restrictions vary by insurer, so it is important for homeowners to understand their existing policy’s terms prior to a change in status.

Generally, homeowners looking to insure a vacant home have two options: buying an endorsement to their existing homeowner’s policy or purchasing a separate vacant-home insurance policy.  Talk to your insurance agent before you or your renters move out to learn what your options are.  If you need an insurance company recommendation, please call us at 704-439-5350 and we would be happy to assist you!

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About Susan Johnson Team Charlotte | Lake Norman Real Estate Specialists

Susan Johnson & Associates Real Estate Agents in Charlotte | Lake Norman NC I am native to the area, live, work and play in the area. My children go to school here and I serve my community in this area. I love the region and I think its a great place to live! Together with my team, we have more than 21 years of combined experience in business, marketing, technology and communications, as real estate professionals in Charlotte | Lake Norman, we have also found that the key to providing the very best service is as simple as putting our clients first. This means keeping ourselves accessible, being good listeners as well as good communicators, and responding quickly. We look forward to sharing our expertise and working with you in all of your real estate needs in this region and across the country! Visit my website www.BuySellCharlotteLakeNorman.com
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