Vacancy provisions commonly reduce or deny payment for vandalism, glass breakage, water damage, and theft, often the very losses empty buildings are most likely to face.
Related FAQs
Once the building is occupied and generating a lease, a lessor’s risk only or standard commercial property program typically fits better. We can help you transition the coverage. ...
It may be part of the answer. Active construction often calls for builders risk, while a vacant-building policy addresses the empty periods. We can help match coverage to the ...
It depends on the policy, but many commercial property forms begin restricting coverage after roughly 60 days of vacancy. The exact threshold and the perils affected vary, so review ...
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