Do I Need Vacant Home Insurance? 
I agree with Ted . Just because a property is vacant does not mean that your liability stops on the property or that the mortgage disappears . You own the property , it has some value , why not protect your investment . Would n't it be better to receive a check if the property experiences a covered loss as opposed to a bill for the clean up of the property and no check because it was n't covered not to mention the liability exposure . If you own the property typically you will be held responsible if someone is hurt while on it . Call your local agent for pricing of this type of coverage . 