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Finding the cheapest vacant home insurance can be challenging, as it typically costs more than standard homeowners insurance. Here’s a quick guide to address the search intent:

  1. Use Obie for quick quotes and coverage options
  2. Install security systems to lower premiums
  3. Bundle policies for discounts
  4. Maintain the property regularly to prevent damage

Vacant home insurance is crucial if you’re leaving your home empty for more than 30 days. While you might think your standard homeowners policy will cover it, that’s usually not the case. Insurance companies view vacant and unoccupied homes as higher risks due to potential issues like theft, vandalism, and unnoticed damage.

Vacant homes are distinct from unoccupied ones. Vacant means the house is empty of personal belongings and furniture. Unoccupied still contains personal property but has no residents. This distinction affects the type of insurance you need and its cost.

Protection is vital; the absence of occupants increases the likelihood of minor issues turning into costly damage. Vacant home insurance addresses this by covering risks such as fire, vandalism, and natural disasters.

Hi, I’m Paul Schneider. With over two decades of experience in the insurance field, I’ve specialized in finding the cheapest vacant home insurance for homeowners. My expertise ensures you get the best coverage without breaking the bank.

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Understanding Vacant Home Insurance

Vacant home insurance is a specialized form of property insurance designed to cover homes that are unoccupied for an extended period. Unlike standard homeowners insurance, which assumes the home is regularly occupied, vacant home insurance addresses the unique risks associated with an empty property.

A DP-1 policy is commonly used for vacant homes. This policy covers basic perils such as fire, windstorm, hail, and vandalism. It differs from a standard homeowners policy (HO-3) in its scope and coverage options. For example, while an HO-3 policy may cover personal belongings and provide broader protection, a DP-1 policy typically focuses on the physical structure alone.

If your home will be vacant for a significant time, your insurer might require you to purchase vacant home insurance or add an endorsement to your existing policy. This ensures you remain protected from potential losses during the vacancy period.

Why Vacant Home Insurance is More Expensive

Factors Affecting Vacant Home Insurance Costs

Vacant home insurance is significantly more expensive than standard homeowners insurance. Here’s why:

Risk Factors

  1. Vandalism and Theft
  2. Empty homes are prime targets for vandals and thieves. Without residents to deter criminal activity, the risk of break-ins and property damage increases. For instance, a house left vacant for months may suffer from broken windows, graffiti, or stolen fixtures.

  3. Weather Damage

  4. Natural elements can wreak havoc on vacant properties. A burst pipe, unchecked for weeks, can lead to extensive water damage. Similarly, windstorms or hail can cause significant structural damage, which might go unnoticed until it’s too late.

Length of Vacancy

Security Systems

Property Condition


Property Oversight

Replacement Cost

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By understanding these factors, you can better navigate the complexities of vacant home insurance and find ways to reduce your costs.

Next, we’ll explore the various coverage options available for vacant home insurance and how you can tailor them to your needs.

Coverage Options for Vacant Home Insurance

When it comes to vacant home insurance, knowing your coverage options is key to protecting your property. Here’s a breakdown of what you can expect:

Common Perils Covered

Named Perils: A typical vacant home insurance policy covers specific risks, known as “named perils.” These often include:

Additional Coverage Options

Beyond the basic named perils, you can customize your policy with additional coverages:

Vandalism: Vacant homes are prime targets for vandals. Adding this coverage can protect against graffiti, broken windows, and other malicious acts.

Total Loss Settlement: If your vacant home is destroyed by an insured loss, this coverage ensures you receive the full amount of agreed-upon insurance for your home (minus any applicable deductible).

Liability Coverage: This is crucial if you’re found legally responsible for an accident that causes injury to someone who doesn’t live in your home or causes property damage to another’s property. Liability coverage is optional but highly recommended.

Replacement Cost: If you purchase a replacement cost policy, any damaged items will be replaced with new property of comparable material and quality, without any deduction for depreciation.

Comprehensive Coverage: This offers protection for most direct, abrupt, and accidental physical losses that aren’t specifically excluded in the policy. It’s more inclusive than named perils coverage.

Endorsements: You can add endorsements to enhance your policy. For instance, a vacancy permit endorsement can suspend some or all of the vacant home restrictions that apply after your home has been empty for a designated period.

Policy Exclusions

It’s vital to understand what your policy does not cover. Common exclusions may include:

By understanding these coverage options and exclusions, you can better tailor your vacant home insurance to meet your specific needs and ensure your property is adequately protected.

Finding the Cheapest Vacant Home Insurance

Finding the cheapest vacant home insurance starts with researching different insurance providers. Not all companies offer vacant home insurance, so identify those that do. Look for policy options, coverage details, and the financial stability of each provider.

Check if your current home insurance provider offers a vacant home policy or endorsement. This could qualify you for a bundling discount, potentially lowering your overall premiums.

Once you’ve identified potential providers, the next step is to get insurance quotes. To get the most accurate quotes, you’ll need to provide detailed information about your home, such as its location, age, and condition.

Steps to Get Accurate Quotes:
1. Contact Multiple Providers: Reach out to several insurance companies to compare quotes.
2. Explain Your Situation: Be clear about why your home is vacant and for how long.
3. Compare Coverage Limits: Look at what each policy covers and any policy discounts available.
4. Evaluate the Fine Print: Pay attention to coverage limits and exclusions to ensure you’re comparing apples to apples.

Vacant home insurance can cost 50-60% more than standard homeowners insurance due to increased risks.

1. Enhance Security Measures:
Install Security Systems: Alarms, cameras, and motion sensors can deter theft and vandalism.
Use Smart-Home Devices: Water leak sensors and smart smoke alarms can alert you to issues quickly.

2. Maintain the Property:
Regular Yard Work: Keep the lawn mowed and shrubs trimmed to make the home look occupied.
Routine Checks: Have someone check the property regularly to catch potential problems early.

3. Bundle Policies:
Combine Insurance Policies: If possible, bundle your vacant home insurance with other policies (like auto insurance) for discounts.

4. Shop Around:
Compare Quotes: Don’t settle for the first quote you get. Compare multiple offers to find the best deal.
Negotiate: Sometimes, providers are willing to negotiate the price, especially if you’re combining policies or have a good insurance history.

5. Opt for a Higher Deductible:
Increase Your Deductible: A higher deductible can lower your premium, but make sure you can afford the out-of-pocket cost if you need to file a claim.

Frequently Asked Questions about Vacant Home Insurance

What is the Difference Between Vacant and Unoccupied Home Insurance?

Vacant Home: A home is considered vacant when it is completely empty. There are no personal belongings or furniture, and utilities may be turned off. For example, a home that is on the market after the owners have moved out would be classified as vacant.

Unoccupied Home: An unoccupied home still contains furniture and personal items, suggesting that someone could return at any time. Utilities like electricity and water are usually still on. Think of a vacation home that you only visit during the summer. It’s unoccupied, not vacant.

Why It Matters: Insurance companies view vacant homes as higher risk due to the lack of maintenance and higher susceptibility to vandalism or unnoticed damage. Because of this, vacant home insurance is often more expensive and may require a separate policy or an endorsement to your existing homeowners insurance.

Why is Vacant Home Insurance More Expensive?

Higher Risk: Vacant homes are more vulnerable to theft, vandalism, and unnoticed damage (like water leaks or fire). Without someone present to report issues immediately, small problems can turn into significant damage.

Extended Coverage Needs: Insurers often provide broader coverage to protect against the unique risks associated with vacant properties. This includes protection from events like squatter damage and more extensive liability coverage.

Shorter-Term Policies: Many vacant homes don’t stay empty for a full year, so insurers offer flexible policy terms (e.g., three, six, or nine months). These shorter-term policies can sometimes be more costly on a per-month basis.

How Can I Find the Cheapest Vacant Home Insurance?

1. Research Insurance Providers:
Compare Multiple Providers: Not all insurance companies offer vacant home insurance. Look for companies that specialize in this type of coverage and compare their offerings.
Check Financial Stability: Ensure the provider is financially stable to guarantee they can pay out claims.

2. Get Quotes and Compare Policies:
Request Multiple Quotes: Use the same coverage type and amount when requesting quotes to make an even comparison.
Look for Discounts: Ask insurers if they offer discounts for things like security systems, bundling policies, or if you have a good insurance history.

3. Tips for Reducing Insurance Costs:
Install Security Measures: Adding security systems, motion-sensor lights, or deadbolts can lower your premium.
Maintain the Property: Regular maintenance can prevent issues that lead to claims. Ask a neighbor to check on the property periodically.
Opt for a Higher Deductible: Increasing your deductible can lower your premium, but make sure you can afford the out-of-pocket cost if you need to file a claim.

By following these steps and tips, you can find the cheapest vacant home insurance that still provides the coverage you need.


At Schneider and Associates Insurance Agencies, we understand the unique challenges of insuring a vacant home. Whether it’s a second home, an inherited property, or a house under renovation, our goal is to provide personalized insurance solutions that fit your specific needs.

Personalized Insurance Solutions

We take the time to understand your situation. This means you get coverage tailored to your requirements without paying for unnecessary extras. Our local expertise allows us to offer solutions that are both comprehensive and cost-effective. We know the specific risks associated with different areas, from flood zones to wildfire-prone regions.

Tailored Coverage

Our approach ensures that you get the exact coverage you need. Whether it’s dwelling coverage, liability protection, or additional coverage for detached structures like garages and sheds, we can craft a policy that protects what matters most to you.

Local Touch

Being a local agency, we have a deep understanding of the communities we serve. This local touch allows us to offer top-rated insurance options that are both reliable and affordable. We pride ourselves on being more than just an insurance provider; we are your partner in safeguarding your investments.

Top-Rated Insurance Options

We offer a variety of insurance products to meet your needs. Our team is always ready to help you find the best options, whether you’re looking for vacant home insurance or other types of coverage.

For more information on how we can help protect your second home, visit our Secondary Home Insurance page.

By choosing Schneider and Associates Insurance Agencies, you’re not just getting an insurance policy; you’re gaining a partner who cares about your peace of mind. Let us help you safeguard your investment so you can enjoy your vacant home worry-free.