Finding buildings insurance; unoccupied property a problem?
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Written on: 01.12.2009 [15:48]
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Button
Button
Topic creator
Posts: 3
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I am planning on buying a house that is in need of major renovation…. But that’s why I want it lol! I love taking projects like this on, but all the other times I have actually been able to live in a certain area of the house, but with this one not. So my question now is, how do I find buildings insurance for unoccupied properties? Is there a specific type of insurance that covers this? If I get buy to let insurance would this be ok? It has a longer period under the occupancy clause in comparison to the regular home insurance, right? |
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Written on: 07.12.2009 [14:07]
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Logan
Logan
Posts: 2
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Not sure if you would be able to actually get buy to let when the main purpose of the property wont be for you to let it out. It is a difficult situation and you are right to think this way, and in all fairness perhaps you are right to go this way as I think the average unoccupied buildings insurance costs three times the amount or insuring an occupied home. If I were you, I would contact your insurer who insurers your current home and explain the situation to them, they might be able to help you out if you have been a customer for a while. |
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