Vacant property risks are fundamentally different than occupied properties, and require unique solutions specifically tailored to them. Seneca provides solutions for vacant property and land on both a package and monoline basis without building age restrictions.
- No length of vacancy restrictions
- Vacant, occupied or partially occupied properties on one policy
- No maximum or minimum number of buildings or dwellings
- Shorter policy terms of three, six, or nine months also available
- Limits per location up to $50M TIV
- Package and monoline options
Vacancies Eligible for Coverage
- Property
- Buildings
- Dwellings
- Estates
- Land
Preferred Risks
- Buildings vacant for less than three years
- Buildings coming off of a builders’ risk policy
- Tenant recently vacated building
- Specific plans for the building are in place
- Free of stock and furnishings