Primarily aimed at residential property and commercial property that is to be converted to residential, Renovation Unoccupied is designed for properties with a reinstatement value ideally in excess of £250,000 that are vacant on a permanent or temporary basis.
When we saw that there wasn’t a policy on the market that fully protected vacant properties, we created Renovation Unoccupied. The product is primarily aimed at residential property and commercial property that is to be converted to residential, but can also potentially accommodate commercial property that is not being converted too.
INCLUDED WITH BOTH COVER LEVELS
Standard offerings don’t provide the breadth of cover that some types of unoccupied property need – Renovation Unoccupied really does fill a gap in the market.