Quote:
Originally Posted by Artwo
Ask your insurance agent to define unoccupied. Ask if engaging a home-watch service restarts the 30 day clock after each in-home inspection. A professional service may be more acceptable to insurance companies than diligent neighbors.
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I am checking with my insurance agent if I can add an unoccupied property endorsement.
In insurance there is a big difference between the terms "vacant" and "unoccupied". My policy is with ASI and the policy defines them and I quote:
“Vacant” means the dwelling lacks the necessary amenities, adequate furnishings, or
utilities and services to permit occupancy of the dwelling as a residence.
“Unoccupied” means the dwelling is not being inhabited as a residence.
In fact, the ASI policy at first limits theft and vandalism coverage for vacant properties only. But then the policy adds a special Florida endorsement which limits coverage further to vacant or unoccupied properties.
I have a professional home watch company. But in my opinion, according to the definition of "unoccupied" above, having a professional home watch company come for 15 minutes once a week doesn't cut it to make the house occupied.