When a property becomes unoccupied, the insurers should be notified and most will restrict cover after 30 days so that only damage caused by Fire, Lightning, Explosion, Earthquake and Aircraft is covered. This is commonly referred to as FLEEA cover. Specialist markets can provide wider cover to include most expected insured events such as escape of water, malicious damage, theft and storm.
Properties which are unoccupied are often up for sale, so attention should be paid to the insurer’s cancellation terms in the event of an early sale. It is also very important to ensure that you comply with any specific unoccupancy conditions during the term of the policy, such as regular inspections of the property and maintaining heating during winter months.
We are trusted by many firms of solicitors who rely on us to provide instant cover which is appropriate for the needs of their clients, typically following the death of a home owner but also for their commercial clients with vacant premises.