Vacant Land Insurance in Columbus OH, Cleveland OH and Cincinnati OH

Owning a lot or vacant land may seem low risk, but this is not always the case. Empty land can pose a variety of risks, including liability risks, and all landowners need to determine whether that risk level demands having vacant land insurance.  


What Is Vacant Land Insurance?  


Vacant land insurance is a type of liability insurance. This coverage protects you if anyone is hurt on your vacant property, providing financial protection for their medical costs. It may also offer financial assistance for legal fees if you’re sued over an injury that happens on your vacant property. It’s important to note that vacant land insurance does not typically cover damaged property on your vacant lot.  


Does My Home Insurance Cover Vacant Land?  


Sometimes you can add your vacant land insurance coverage to your existing home insurance policy. If you inherit or add land to your property, a basic home insurance policy might not cover liability issues for this vacant land.  

Is Vacant Land Insurance Required?  


You’re not legally required to have vacant land insurance, but coverage does provide protection from potential litigation and medical expenses. We can help you determine if you should have vacant land insurance.  


How Much Is Vacant Land Insurance?  

The cost of vacant land insurance depends on several factors, including your location, property size, the land’s purpose and any known dangers (e.g., a deep pit or covered well). Your selected coverages and limits may also impact premiums.  


What Does Vacant Property Insurance Cover? 


If you own property that is vacant for extended time periods, you may need vacant property insurance to cover potential damages and accident liability.  


Your vacant property insurance policy may provide many of the same coverages as a standard homeowners insurance policy, including: 




Each vacant property insurance policy provides details about which perils are covered and which are excluded. If you are concerned about possible flood damage, talk with your agent about purchasing a separate flood insurance policy, as many homeowners and vacant property policies exclude flood damage from coverage.  


Our team works with carriers to provide you with competitive products, low premiums, and fast, efficient placement. We can help you find the solutions to your client's vacant land insurance needs. 


BENEFITS 


Low minimum premium 


Quotes within 48 hours 


"A" Rated Carrier 


Coverage available in most states 


HIGHLIGHTS 


Limits up to $50 million 


No length of vacancy restrictions 


Ability to consider locations undergoing demolition and reconstruction 


Ability to write owners and contractors protective liability coverage.


How We Can Help  

Vacant land insurance can help give you an extra layer of protection against unexpected medical or legal costs. Call ProtectAll Insurance today at 833-377-6832 to discuss the insurance needs for your vacant land.