While there’s nothing inherently harmful about a house sitting empty, it attracts a lot more potential damage than an occupied house.
For instance, a slow drip from a faucet that will cause gradual damage to the floors and ultimately the foundation of the house is much more common in a property where no one is there to notice and stop the water damage.
In another scenario, trespassers are far more likely to make a temporary home in a property with no lights on or signs of activity.
Reasons like these make vacant home insurance often more expensive than regular homeowners insurance, as the risk of damage can be much greater when the property isn’t occupied.
Having vacant home insurance helps to protect against having to pay out of your own pocket for any damages that may arise from scenarios like these, going a long way to helping you protect your investment.
Contact APOLLO Insurance today to get the best rates on vacant property insurance. We partner with over 100 firms across the country to make sure you get exactly the coverage you need at the best price.
Get a free quote with APOLLO in under five minutes and have your new policy emailed directly to your inbox today!