Vacant Property Insurance

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 $30M 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 Builder’s Risk policy
  • Tenant recently vacated building
  • Specific plans for the building are in place
  • Free of stock and furnishings