Quote:
Originally Posted by mikeritz53
Just a heads up, some HomeOwners Policies have a Vacancy Clause. If you are not Occupying the property Full Time and you do not have an actual company doing weekly visits this clause allows the Insurance Company to deny a claim. They do not consider a Friend, Neighbor or even a Relative as qualifying. Not all have this clause but worth checking to be safe. I manage around 100 (Rentals & Snowbirds ) and have run into this a few times and also heard from a New Owner to my Service that he experienced this issue. Another thing to keep in mind your Neighbor/Friend watching your house has no insurance so if something occurs you are on your own to cover any costs.
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Vacancy clauses apply to primary residences not second homes. Second homes, by definition, are often vacant. Now if you lied, cheated to get cheaper primary home insurance and left it vacant then you deserve to have a claim denied.
Likewise,, if you have a rental and insured it as owned occupied you should not complain when your claim is denied.