Posted on Friday, October 24, 2014 at 11:06 am CDT
Today, VacantBuildingInsurance.com (VBI) announced the expansion of its vacant building insurance quote service. This service now provides quotes for this unique form of insurance from over five companies.
Source: vacantbuildinginsurance.org
Posted on Friday, October 24, 2014 at 11:05 am CDT
According to recent industry study conducted by Liberty Mutual Property regarding vacant or idle buildings, fire is the most prominent danger, accounting for the most frequent and highest amount of loss. Over 66% of these fires were considered suspicious and an accounted for 75% of losses by dollar account. According to Sofia Rodriguez, spokesperson fro VacantBuildingInsurance.org, all vacant and idle buildings should be secured, preventing unauthorized access and, of course, there should be adequate vacant building insurance policies in place to cover any misfortune that may fall upon the building.
Source: vacantbuildinginsurance.org