Vacant Properties Insurance Coverage Explained

Are you constructing your dream home or undertaking a significant renovation of your residential or commercial property? Safeguard your vision with Builder’s Risk Insurance. This coverage ensures your project is protected during the construction phase and offers peace of mind for your developing dream home or space.

Vacant Properties Insurance Coverage Explained

Securing insurance for a short or long term vacant building can be difficult, expensive and complex.  Thankfully ALIGNED Insurance brokers have experience and expertise in handling these types of placements and can present a number of options for consideration for all sorts of vacant properties that require insurance.

Vacant Properties Insurance Coverage Target Classes

  • Newly vacant
  • Vacant residential homes
  • Vacant commercial/industrial buildings
  • Vacant structures undergoing minor renovations
  • Vacant land

Vacant Properties Insurance Coverage Highlights

For best in class vacant properties ALIGNED can typically secure quotes which can include some or all of the following coverage extensions:

  • Broad form coverage
  • Replacement cost
  • Sewer backup coverage
  • Coverage for vandalism
  • No restrictions on age of the building
  • On premises pollution (property only)

ALIGNED has the ability to accommodate a variety of unique commercial property exposures and hazards and works with 50+ top Canadian insurers insurers who have capacity available in excess of $20 million per location and more if needed.

Whether it is a vacant dwelling, vacant commercial or industrial space, our products are custom tailored to meet the needs of the vacant property or vacant properties insured.

Click Here to get get a insurance quote for vacant properties or complete and return the appropriate application listed below and email it directly to quotes@alignedinsurance.com

For more information on Vacant Properties Insurance speak to an ALIGNED Insurance broker today or connect with us at www.alignedinsuranceinc.com

ALIGNED Across Canada   100% Canadian owned, ALIGNED is a premiere insurance brokerage that serves more than 1,400 clients across the country. ALIGNED’s offices in Toronto, Calgary and Vancouver are supported by a national operations centre in Cambridge, Ontario. Uniquely within the industry, ALIGNED creates, negotiates and delivers the best business insurance and risk management strategies/solutions to organizations like yours.

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