Residential Let, Number One for Unoccupied Properties

Residential Let, Number One for Unoccupied Properties

For properties that are unoccupied the recent improvements to our Residential Property Owners policy wording have meant the Commercial Express Residential Let scheme is better and more popular than ever.

Properties that are unoccupied now benefit from the following recent changes:-

  • Pro-Rata Cancellation if policies are cancelled when unoccupied
  • Gold cover no longer has an inner limit for Theft or Attempted theft on Buildings cover
  • Property deemed as unoccupied after 60 days
  • If the property becomes unattended for more than 30 days between 1st December and 28th February – both water and oil supply need to be turned off at the mains and drained from tanks unless linked to a frost stat of 4 degrees 24 hours a day

If you require any further details on the above please call us on 0800 978 8007.

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SME Underwriting Update