What if I decide to build on the land?
Coverage can include a variety of causes, such as vandalism, hail, windstorm, lightning, and fire. The cost of coverage for a new dwelling construction will be reflected in your monthly payments. This coverage can be seamlessly done without any interruption.
What is the definition of vacant
liability insurance cover?
Liability coverage for vacant land may encompass various scenarios, such as potential claims costing you thousands of dollars in the event of a slip and fall on your property. This type of coverage is necessary to safeguard your real estate investment from potential claims by third parties.
Easy Pay
With our monthly reporting form, you can pay for coverage on a monthly basis as required. You have the option to set up auto-pay to electronically deduct your costs each month, or alternatively, you can pay for one year in advance and we will then apply charges every month.
Terminate insurance when you transfer ownership of the property and adjust occupancy status, coverage, and insured value as necessary. You are only charged for the months in which insurance is required, without any minimum earned premiums.
Why choose us when insuring your vacant land?
Monthly Payments
Establish automatic payment and make monthly payments for coverage as you go.
Leading Carriers
All insurance policies are underwritten by carriers rated “A” or higher by AM Best.
Vacant Land Liability Insurance
Vacant land liability insurance coverage you need
If you own vacant land, National Real Estate Group can help protect you and your investment by providing insurance coverage for the liabilities and risks associated with vacant land, including incidents that may occur on the property.
To assist you in selecting the most suitable insurance options for your particular coverage needs, it is recommended that you get in touch with an insurance agent. You can submit a request for a personalized proposal online and provide the necessary information regarding your vacant land.
Begin a proposal inquiry to obtain your insurance coverage for vacant land now!
How much does vacant land liability insurance cost?
Liability insurance cost for vacant land starts as low as $12 per month for $1,000,000 per occurrence and $2,000,000 aggregate limits of liability. Cost will vary depending upon the geographical location and the amount of land being insured.
Need to speak to an agent?
If you would like to discuss your specific location, please give us a call at 8454.741.888 to speak with a licensed insurance professional and request an insurance proposal from one of our agents.
Manage your vacant land liability insurance with ease
Our clients can opt for coverage adjustments and flexible monthly payment options. They have the convenience of managing their account online round the clock or collaborating with their dedicated Client Service Advisor.
Available.
coverage limits
The dedicated per property limits offer the following options:
Online Portal
Take control of your account anytime, anywhere with our 24/7 online management platform. Our
You oversee your account to assist a Client Service Advisor in having an insurance agent to collaborate with directly if you prefer.
Nationwide Coverage
Ease of Use
Safeguard your complete investment portfolio with a single monthly report.
Want to learn more about investment property insurance?
Read one of our articles about liability insurance or go to our Resource Center to learn more about insuring your investment properties.
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The umbrella liability coverage. One of the most misconstrued ideas in insurance for property investors. Even among insurance experts, […].
NREIG Monthly Reporting Form
On May 3rd,
Tailored for real estate investors, our monthly reporting template is an insurance approach that enables our clients to modify occupancy […].