Save me from expensive vacant home insurance.
February 4, 2010 8:30 PM Subscribe
Homeowner's insurance help needed. My insurance agent says I'll need vacant house insurance, which is triple my current rate. What constitutes "vacant" for these purposes?
posted by pappy to Home & Garden (11 answers total)
We've just bought another house in our great neighborhood and plan to move there shortly after closing. My insurance agent tells me that when we leave our current house, which will be for sale, we'll have to have vacant home insurance that's almost triple our current rate. We had already planned on leaving the alarm system active & regularly checking on the house - we're only a few blocks away and will walk the dogs past almost daily - and we're leaving some furniture in the house to stage it for selling. If it'll save me a couple hundred dollars per month, I'll gladly spend a few nights in the old house to maintain my current rate (I may be doing a bit of that anyway to finish some repainting). But at what level of occupation do insurers consider a home occupied? If anyone has suggestions on what to do in this situation, I'm ready to consider it. Thanks.