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Need to insure my mum's place which is still empty after a year; existing buildings insurers won't insure past 12 months.
Had a quote from one place: pricey (in comparison)! Anyone had any experience or recommendations?
TIA as always.
It is always blooming expensive. We have to do it on residential and commercial buildings at work fairly regularly but have special schemes.
There is likely to be a code of practice to follow for things like water, power and security. Make sure you comply, because they are unlikely to pay if you don't.
I have heard of caretaker arrangements where people live in for nowt to save this problem. Guess this has its own risks and I have never done it.
It is going to be pricey though due to the elevated risks the insurer is taking.
Why is it empty, not able to rent it out - earning £500 min per month?
Thanks g-d, helpful.
br: the property isn't nearby and there's more than one beneficiary and we (collectively) don't particularly want to keep it. If we'd known a year ago we'd still be "FS" maybe we'd have felt differently but hindsight is a wonderful thing.
Double post.
Try these - http://www.jltgroup.com/Risk-and-Insurance/SME-Personal-Insurance/Unoccupied-Property-Scheme/
We use them at work, very competitive normally.
Give Adrian Flux a ring, they did ours when we needed it Unfortunately everybody is expensive, but you can lower cost if someone can do regular inspection visits (every 30 days, IIRC?).