Estatesure, a dedicated insurance subsidiary within the Estatesearch Group, provides specialist unoccupied property cover designed to protect vacant homes during periods of transition.
Unoccupied properties carry distinct risks that can quickly become costly if not properly managed. Having the right cover in place is essential.
Vacant properties are significantly more vulnerable to:
Theft and Vandalism
Empty homes can attract unwanted attention, increasing the risk of damage and loss. According to the Office of National Statistics, over 750,000 vacant properties are vandalised every year.
Water Damage
Leaks and burst pipes can go undetected for long periods, leading to extensive and costly repairs, particularly during the winter months.
Fire Risks
Without regular oversight, fire hazards can easily go unnoticed. Even something as simple as a build-up of post behind the front door can become a serious risk, where deliberate acts such as arson can cause serious damage.
The Personal Representative, Deputy or Attorney are under an obligation to protect and secure any assets in relation to the estate they are managing, including property. This includes ensuring that any property is appropriately insured against potential damage or loss.
Unoccupied properties can be more challenging to insure, often attracting higher premiums or more restrictive conditions. Recognising these challenges, we work with trusted partners to comprehensive range of unoccupied property insurance options, allowing you to select cover that best suits your requirements.
Quotes are available via the Estatesearch Portal.
