VACANT PROPERTIES

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Vacant Properties


Vacant Insurance Policies cover properties that are not going to be occupied for more than 30 days. 
 (Normally Form 1 and would not cover vandalism and theft unless endorsed on)

Types of Forms Used for Loss Settlement

Basic Form

This policy would cover named perils only. (Fire, Lightning, Windstorm, Hail, Explosion, Riot, Aircraft, Vehicle, Smoke if sudden and accidental)

Also paid on an actual cash value basis.


Loss Settlement Options

AVC

This is actual cash value or agreed value policy. This is settled on a replacement cost less depreciation, with a stop loss at the agreed value. 


Personally Deeded
Property Quote


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Business Entity Deeded
Property Quote


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