Vacant Property Insurance
If you are a real estate investor, there may be times when you purchase a property you are unable to rent out immediately or that needs renovation. Most landlord policies require that the property be occupied in order to qualify for insurance.
With a Vacant Property policy, you are able to insure the property while it is being rehabbed or before it is rented. This is a policy you can consider purchasing with a monthly payment plan, and then update the policy to a landlord policy as soon as it is leased and occupied. This will reduce your premium and generally improve your coverage.
Just give us a call at 815-566-4151 for your quote on your vacant property. There is a discount if you insure multiple buildings.