Particulier & zakelijk • Vastgoed • building insurance for vacant property
Building insurance for vacant property - vacant house or business premises well insured
State your home or business premises (tijdelijk) leeg? Bijvoorbeeld omdat het pand te koop staat, verbouwd wordt, omdat A huurder is vertrokken of omdat u A pand heeft aangekocht waarin u later activiteiten start? Leegstand brengt extra risico’s met zich mee zoals arson, vandalism, burglary and water damage .
With a suitable one building insurance for an empty building blijft het gebouw goed verzekerd tijdens deze periode. Finass Insures beoordeelt uw huidige verzekering, regelt waar nodig een vacancy cover or a special vacancy policy and advises on prevention and conditions. This way you prevent (unconsciously) uninsured while your property is vacant.
Building insurance for vacant buildings in brief
Een pand dat (langer) leegstaat, past niet meer in het standaard risicoprofiel van veel Building insuranceen. Als u leegstand niet meldt, kan de coverage may be limited or even canceled. With a right one vacancy cover your property will remain insured.
Finass Verzekert arranges for you:
- checking your current Building insurance on vacancy cover;
- adjustment of the policy or conversion to a vacancy policy;
- solutions for vacant house, vacant home for sale and vacant business premises;
- advice about prevention, security and clauses (e.g. vacancy, renovation, demolition).
So is your vacant property insured and you comply with the reporting obligation to the insurer.
Why is building insurance for a vacant property so important?
Vacancy increases the risk
In an empty building no or less supervision. This increases the chance of:
- arson and vandalism;
- burglary and theft of pipes or installations;
- water damage that is only discovered late (leakage, burst pipe).
Insurers therefore view vacancy as... greater risk and impose additional requirements.
Standard building insurance often covers vacancy to a limited extent
Many conditions stipulate that coverage changes if your home or building has been vacant for longer than a certain period, bijvoorbeeld langer dan 2 or 3 maanden. Wordt leegstand niet gemeld, dan kan dat:
- to partial benefit to lead; or
- until it completely reject lead to a claim for damages.
Requirement from bank, buyer or accountant
If you have an empty house or building for sale, it is for bank, buyer and accountant belangrijk dat de Building insurance de leegstandssituatie goed afdekt. Met een correcte building insurance for vacant property you meet these requirements and avoid discussions in the event of transfer or damage.
✔ Your Vacant House or vacant business premises remains insured
✔ You meet the reporting obligation towards insurer
✔ Less risk of financial problems after major damage
In what situations is building insurance for an empty property necessary?
Er zijn verschillende situaties waarin een pand (tijdelijk) leegstaat. Per situatie kan de benodigde dekking anders zijn. Finass Insures bekijkt per vacancy situation which solution is suitable.
Vacant house for sale
- home has already been completed, resident has moved;
- temporary vacancy between sale and transfer;
- home has been for sale for a longer period of time without occupancy;
- second home or inheritance that is vacant.
Vacancy often has to be reported after a few months and the coverage changes.
Vacant business premises or office
- departure of tenant from shop, office or business premises;
- taking over a building that is still vacant;
- logistics hall or warehouse without occupancy;
- partially vacant buildings (partly rented).
Vacancy during renovation, transformation or demolition
- conversion or renovation of home or business premises;
- transformation from office to living;
- property awaiting demolition or redevelopment;
- sub-projects within a larger real estate plan.
In addition to vacancy, this often also plays a role construction and renovation risks (CAR insurance required).
What coverage does buildings insurance provide for a vacant property?
The coverage of a building insurance for an empty building hangt af van de verzekeraar en de gekozen oplossing: aangepaste dekking binnen uw bestaande polis or a aparte vacancy policy .
Standard building coverage
- damage to walls, roofs, floors and foundations;
- damage to fixed installations (central heating, electricity, ventilation, lifts);
- damage to permanent kitchen, sanitary facilities and other fixed parts;
- possible coverage for outbuildings, sheds and garages.
Covered events (depending on policy)
- fire, explosion and lightning;
- storm and hail damage;
- water damage due to precipitation or leakage (limited if vacant, possibly tightened);
- burglary damage and vandalism.
In the event of vacancy, some coverage is limited or only provided if additional conditions are met.
Adjusted or limited coverage in the event of vacancy
In the event of vacancy, the insurer can:
- A more limited number of covered perils handling (e.g. fire/storm only);
- A higher deductible to ask;
- impose additional requirements security and inspection;
- exclude certain causes of damage (e.g. tap water from unsealed pipes).
Building insurance for an empty house
- focused on private property (own home, second home, inheritance);
- coordination with mortgage lender about minimum coverage;
- consideration between duration of vacancy, sales opportunity and costs of coverage;
- options for temporary vacancy versus longer vacancy period.
Building insurance for vacant commercial premises
- focused on commercial real estate and investment properties;
- possible within one Building Insurance Real Estate;
- coordination with loss of rent/business damage solutions;
- extra attention to fire and burglary prevention.
Conditions, reporting obligation and vacancy clauses
Reporting obligation in case of vacancy
Almost all home insurance policies state that you changes in use must report, including:
- as a building in whole or in part becomes empty;
- as the destination changes (e.g. from living to the office or vice versa);
- if there major renovation or demolition takes place.
If you do not do this, the insurer can reduce or refuse the payment in the event of damage.
Vacancy clause and additional requirements
A vacancy clause describes the conditions during vacancy, such as:
- how often the property should be checked (e.g. weekly);
- or gas, water and electricity must be (partially) closed;
- what security is required (locks, alarm, lighting);
- which covered hazards still apply.
Most important risks with a vacant property
Arson and vandalism
Empty buildings are attractive vandalism, arson and squatters. Dit kan leiden tot forse brandschade, vervuiling en structurele schade. Een goede Building insurance en preventie beperken de financiële gevolgen.
Burglary and theft of materials
In vacant buildings, burglars often target:
- copper and metal prices (pipes, cables);
- installations such as boilers and air conditioning systems;
- other remaining materials.
Unnoticed water damage
Damage often only occurs in the event of a leak or burst pipe in an empty building discovered late. Hierdoor kunnen muren, vloeren en constructie zwaar worden aangetast. Sommige verzekeraars beperken daarom de dekking voor leidingwater als A pand leegstaat.
How much does building insurance cost for an empty property?
The premium for one building insurance for vacant property ligt doorgaans hoger dan voor A bewoond pand, vanwege het hogere risico. Toch zijn er vaak meerdere oplossingen mogelijk, afhankelijk van duration, location and use .
Indicative premium examples (based on commercial buildings)
| Type of property | Reconstruction value | Bouwaard | Indication of premium per month* |
|---|---|---|---|
| Catering premises (restaurant) | €600,000 | Stone | ± € 124.33 |
| Shop (butcher's shop) | €260,000 | Stone | ± €21.03 |
*These are sample premiums bij normale situaties, Exclusive assurantiebelasting en afhankelijk van dekking en verzekeraar. Voor een Vacant building zal de Premium en dekking specifiek op uw situatie worden afgestemd. Aan deze voorbeelden kunnen geen rechten worden ontleend.
Factors that determine the premium
- type of property (home, commercial property, investment property);
- reconstruction value and construction type;
- location and environment (fire and burglary risk);
- duration and nature of the vacancy (short or long-term).
Prevention and security
- locks and possibly alarm;
- turning off gas and water where possible;
- regular inspection of the property;
- shielding and lighting of terrain.
Policy choices
- which hazards you want to insure during vacancy;
- height of it own risk per damage;
- possible combination with other insurance policies (e.g. real estate package);
- discount when bundling via Finass Verzekert.
Want to know exactly what your building insurance for an empty building costs?
Question one no-obligation, customized quote On.
Request a quote for building insurance for an empty building
Practical tips for an empty building
1. Always report vacancies immediately
If there is a (pending) vacancy, please contact your advisor immediately. Pass on:
- from when the building is vacant;
- what the reason is (sale, renovation, tenant left);
- how long you expect the situation to last.
2. Record agreements with tenants
For rented properties:
- record in the rental contract who arranges which insurance;
- check delivery obligations upon tenant departure;
- Make sure you know when a property will actually become vacant.
3. Combine vacancy cover with prevention
Consider:
- lock everything properly and remove visible valuables;
- install timers for lighting (suggest occupancy);
- carry out periodic inspection rounds and record them briefly (e.g. logbook);
- Check roof, gutters and drains regularly.
Frequently asked questions about building insurance for vacant properties
Will my building insurance continue if my building is vacant?
Your home insurance usually continues, but the coverage changes zodra A pand (langer) leegstaat. In veel voorwaarden staat dat dekking kan worden beperkt of vervallen als leegstand niet gemeld wordt. Daarom is het belangrijk om leegstand altijd door te geven, zodat A passende vacancy coverage can be agreed.
Do I always have to report vacancies to the insurer?
Yes. Vacancy is almost always one change in risk die u moet melden. Of het nu gaat om een vacant house, a vacant home for sale or a vacant business premises: meld het tijdig. Doet u dit niet, dan kan de verzekeraar bij schade de uitkering beperken of de claim afwijzen.
How long can my home remain vacant without me having to make any arrangements?
Dat verschilt per verzekeraar. Vaak geldt dat kortdurende leegstand (bijvoorbeeld A paar weken rondom verhuizing) binnen de normale dekking valt. Staat A pand echter empty for more than a few months, dan eisen veel verzekeraars dat de leegstand wordt gemeld en de dekking wordt aangepast. Finass Insures controleert graag uw huidige polis.
Is an empty house for sale still insured?
Yes, but often under adjusted conditions. Een Vacant house for sale blijft in principe verzekerd onder de opstalverzekering, op voorwaarde dat de leegstand is gemeld. Soms wordt de dekking beperkt (bijvoorbeeld alleen brand/storm) of gelden aanvullende eisen, zoals regelmatige controle en het afsluiten van water of gas.
How is a vacant commercial property insured?
A vacant commercial property usually falls under one business buildings insurance or buildings insurance. Bij leegstand wordt de dekking vaak aangepast en worden aanvullende eisen gesteld aan beveiliging en controle. In sommige gevallen is een aparte vacancy policy nodig, zeker bij langdurige leegstand of verhoogd vandalismerisico.
Is damage caused by squatters or vandalism to a vacant building insured?
Damage due to squatters or vandalism aan een leegstaand pand is niet altijd standaard verzekerd. Dit hangt sterk af van de polisvoorwaarden en de manier waarop de leegstand en beveiliging zijn geregeld. Soms geldt een beperkte dekking of zijn specifieke uitsluitingen opgenomen. Finass Insures kan uw polis hierop beoordelen en waar mogelijk een betere oplossing zoeken.
Am I also insured for water damage if the building is vacant?
Water damage to a vacant property is one point of interest. Sommige verzekeraars beperken de dekking voor schade door leidingwater als het pand leegstaat, zeker als de leidingen niet zijn afgesloten. Staat uw pand leeg, dan is het verstandig om water waar mogelijk af te sluiten en om te controleren welke waterschadedekking Your home insurance nog biedt.
Do I need separate building insurance for unoccupied property or can my current policy be adjusted?
That depends on your insurer, the type of property and the duration of the vacancy. Sometimes your bestaande Building insurance worden aangepast met een vacancy clause. In andere gevallen is het beter of nodig om een aparte vacancy policy af te sluiten, zeker bij langere of complexe leegstandssituaties. Finass Insures bekijkt welke oplossing het beste past.
What information is required for a quotation for building insurance for an empty property?
For a good quote we ask, among other things:
- address, type of property (home, commercial building, investment property);
- year of construction, type of construction and rebuilding value;
- reason for vacancy (sale, renovation, tenant left, etc.);
- expected duration of vacancy;
- current building policy and conditions (if applicable);
- information about security and audit frequency.
On this basis, Finass Verzekert compares different solutions for you building insurance for vacant property and you will receive a clear proposal.
Insure a vacant property? Request a no-obligation quote
Do you have one? vacant house, a vacant home for sale or a vacant business premises en wilt u zeker weten dat Your home insurance goed is geregeld? Finass Verzekert helpt u met een building insurance for a tailor-made vacant building, afgestemd op de duur van de leegstand, het type pand en uw plannen voor de toekomst .
Request a quote for building insurance for an empty building
Would you prefer direct personal contact? Call 072 – 509 24 56 or email to info@finass . nl . Wij nemen uw situatie rustig door en adviseren welke oplossing voor building insurance for vacant property het beste bij u past .
