Vacant Home Insurance U.K., Canada, U.S. or any other home country

A potentially catastrophic problem for people that move overseas to live or work, has to do with leaving a house back in the home country that becomes empty or vacant. 90% of people that have a home that becomes vacant do not understand the provisions of their current homeowners insurance policy. In other words, they do not understand that coverage is quickly lost or removed if the house becomes empty or vacant for over 60 days. International vacant homeowners insurance is essential.

So what we have is potentially thousands of people around the world that still own a house back in the home country, and the house may be uninsured because it is empty or unoccupied. In fact, if you expect your home will be unoccupied for just 30 days you should look into a vacant home insurance policy. Here are a few facts that may be shocking:

• Even if your homeowners insurance is fully paid up, you may have no coverage
• Insurers can refund premium and then deny catastrophic claims on vacant homes
• Coverage can be lost under a homeowners insurance policy, especially for vandalism, in 30 days or less.
• If you had a renter in the house, and the renter leaves you need to remember to switch the policy over to a vacant homeowners insurance policy or risk losing everything.

Outside of the United States, Lloyd's of London is a carrier that can provide vacant home insurance in the U.K., and vacant homeowners insurance in China and 50 other countries.