Maryland Vacant Property Insurance

Serving the vacant property insurance needs of Crofton, Upper Marlboro, and all of Maryland since 1968.

Vacant homes need insurance just as much as occupied homes, and it’s important to protect your home financially as long as you own it.

There are several reasons why a home may be unoccupied. Maybe you’re on an extended vacation or the home is undergoing a long-term renovation. Maybe you’re in the process of selling the home and have already moved out. Maybe you’re in between tenants.

Whatever the reason, your vacant home needs the right kind of insurance, and that’s where we come in.

Carrollton Insurance Agency, Inc of Crofton offers several coverages under vacant home insurance in order to protect your home and satisfy your needs.

What does vacant property insurance cover?

Every vacant property insurance policy is different, but most policies provide the following coverages:

Property or Dwelling Coverage
Property or Dwelling Coverage typically pays to repair or rebuild your home if it’s damaged or destroyed by an insured event like a kitchen fire or windstorm.

Personal Liability Coverage
Personal Liability Coverage applies if someone is injured or their property is damaged and you are to blame. The coverage generally applies anywhere in the world.

Medical Coverage
This covers medical expenses for guests if they are injured on your property, and in certain cases covers people who are injured off of your property. It does not cover health care costs for you or other members of your household.

Additional Living Expenses
If you can’t live in your home because of a covered loss, your home insurance policy will pay additional living expenses — commonly for up to 24 months — while damage is assessed and your home is repaired or rebuilt.

Personal Property Coverage
Your home is filled with furniture, clothes, electronics and other items that mean a lot to you. Personal Property Insurance helps replace these items if they are lost, stolen or destroyed as a result of a covered loss.

Unfortunately, you may have to pay a higher premium for vacant home insurance because there’s a higher risk of something going wrong when a house is unoccupied. But don’t use that as an excuse to stick with a standard policy — the insurance carrier may be able to deny your claim if the home is vacant, putting you at high financial risk.

Every home is unique – talk to us today to find out how to get the best price and value on vacant property insurance in Maryland.