Looking for Rental or Vacant Property Insurance in Lake Orion?
If you own a rental property in Lake Orion or a home that happens to be vacant, a traditional homeowners insurance policy will not work.
You need what’s called a “Specialty Dwelling” insurance policy.
This is because traditional homeowners insurance excludes coverage for properties that are not owner-occupied.
In other words, if you don’t live in the house, it’s only covered by a specialty dwelling policy.
J. Jacobs and Associates represents several carriers who can insure your rental property, or specialty use property.
Specialty Dwelling Insurance
There are multiple scenarios where specialty dwelling insurance is necessary:
Rental Properties — Specialty Dwelling insurance is the only type of policy that will work for a rental property.
There are certain coverages that you need as the owner of a non-owner occupied property that are only provided by a specialty dwelling insurance policy like for example Landlord Furnishings, and Tenant Liability.
Vacant Homes — vacant homes can present all kinds of problems which is why they can be extremely difficult to insure. Most insurance companies want nothing to do with a property that is vacant. We can help you though.
Seasonal & Vacation Homes — in many cases, in order to insure a secondary, seasonal, or vacation property, most companies require that you insure your primary residence with them as well, which isn’t always possible.
Homes Under Construction — in some situations your renovation, addition, or reconstruction project may require a specialty dwelling policy.
How to get started on your quote
If you live in Lake Orion and have a property that fits these parameters, give us a call and we can quote your property to see who has the best product for you.