Please ensure Javascript is enabled for purposes of website accessibility 5 Common Questions About Vacant Building Insurance

5 Common Questions About Vacant Building Insurance

Have you ever heard of vacant building insurance? Yes, believe it or not, even vacant buildings need some sort of insurance. In fact, vacant building insurance is an important form of coverage for property owners and managers who are responsible for empty or partially vacant buildings. As a property owner, it is important to understand the risks associated with owning a vacant building and how vacant building insurance can help protect you from potential losses. This article will provide an overview of common questions about vacant building insurance and the coverage it provides.

1. What is Vacant Building Insurance?

Vacant building insurance is a type of insurance policy designed to provide coverage for buildings that are not occupied or used for any purpose. Vacant building insurance can provide protection for a variety of different exposures related to vacant buildings, such as vandalism, theft, and fire. It is important to note that vacant building insurance policies are typically more expensive than standard property insurance policies due to the increased risk associated with vacant buildings. 

2. What are the Different Types of Vacant Building Insurance?

There are many different types of vacant building insurance policies available. Some policies may cover buildings that are vacant for a specified period of time, while others may provide coverage for extended periods of time. Additionally, some policies may provide coverage for buildings that are deemed to be uninsurable due to their age or condition. 

The type of coverage provided by a vacant building insurance policy will depend on the specific policy and the insurer. Generally, most policies provide coverage for damage caused by vandalism, fire, and theft. Additionally, some policies may also provide coverage for natural disasters and other types of losses. 

3. How is Vacant Building Insurance Different From Other Types of Insurance?

Vacant building insurance is a specialized form of insurance designed to cover properties that are unoccupied and awaiting sale, rent, or renovation. It is different from other types of insurance in that it is specifically tailored to provide coverage for risks associated with vacant buildings. Unlike regular homeowners or business insurance policies, vacant building insurance can provide coverage for risks such as vandalism, squatting, theft, and other damages that regular policies may not cover. Unlike other types of insurance policies, vacant building insurance does not provide coverage for any tenants or occupants of the building. Additionally, vacant building insurance policies may provide additional coverage for things such as debris removal and building repairs.

4. Is Vacant Building Insurance Required?

The answer to this question depends on the location and the insurance company. Some states and localities require vacant building insurance to protect the building and its contents. Even if it’s not required, it’s a good idea to purchase vacant building insurance to protect yourself from potential risks.

5. How Much Does Vacant Building Insurance Cost?

The cost of vacant building insurance depends on the type of policy and coverage you choose. Generally, vacant building insurance tends to be more affordable than other types of commercial property insurance. Factors such as the age of the building, the location, and the expected duration of the vacancy can all affect the cost.


Vacant building insurance is an important type of insurance for those who own vacant buildings. It provides protection from liability from accidents occurring on the property, as well as from damage caused by fires, storms, floods, and other types of disasters. Although it is a specialized type of insurance, it is an essential part of ensuring a safe and secure environment for any vacant building.

Are you interested in getting the right insurance policy for your needs? The Tabb Insurance Agency is the name to trust. Our team understands just how important it is to protect all things that are precious in your life. That’s why we provide quality insurance services, from auto insurance to property insurance in Conyers, GA, and surrounding areas. Contact us today to learn more about our available policies and to get a quote.