Vacant home insurance covers the home while you are not there, whether it is a second, vacation home or if you have moved and are no longer living there.
This is insurance that specifically covers a vacant home. There is a greater risk to insuring a vacant home therefore the premium is usually significantly higher.
Vacancy in property insurance is defined as a residence that is without furnishings or basic items. It is used in seasonal or second homes or homes that are for sale.
