Vacant Condo Insurance

A condo association's master policy usually covers the building structure and common areas, but it often stops short of covering your individual unit while it sits empty. Vacant condo insurance fills that gap and can protect the interior of your unit and your liability while no one is living there.

Common reasons a condo unit sits vacant

• The unit is listed for sale and has not closed yet
• The unit is listed for rent and between tenants
• You inherited the unit and are still deciding what to do with it
• The unit is being renovated before you move in or rent it out
• The unit is a seasonal or vacation property that sits empty part of the year

5 tips before you request a quote

1. Check your condo association's master policy to see what it already covers
2. Confirm whether your association or lender requires you to carry your own coverage
3. Have a current mailing address ready for correspondence while the unit is vacant
4. Let us know if a mortgagee needs to be added as an additional insured
5. Tell us about any interior finishes or upgrades you have made beyond the standard unit

What underwriters usually ask

Expect questions about why the unit is vacant, how long you expect it to stay that way, whether the association requires proof of insurance, and whether a mortgagee needs to be listed as an additional insured. A current mailing address is also required for correspondence, since the vacant unit itself may not be a reliable place to receive mail.

Other vacant property types

Looking for coverage on a different kind of property? See our guides on vacant commercial buildings, vacant land, and vacant homes.