Hi
I am the CoP Deputy for my dad who is in a CH. His house is empty and I am in the process of applying to the CoP to sell etc, etc etc.
I live a long way away and no one else is around to regularly enter the house and check it etc. Water is turned off etc. etc It is also in a quiet part of the country in a rural area. (Dad has never had insurance)
My question is about unoccupied house insurance. (I estimate about 1 year before house sold).
Looking on google there are a number of specialist suppliers. However reading the policy wordings it would appear that there seem to be a large number of exclusions in the event of damage and theft etc.I question the real value - some appear to only effectively cover fire... (and exclude damage from theft / vandalism etc).
1) Does anyone have any experience of the real value of this type or insurance? (anyone actually claimed for loss?)
2) As a CoP deputy is there a 'responsibility' to have the house insured (even though the real benefit appears 'limited') to avoid potential issues of mismanagement of the persons financial affairs if there was a theft / vandalism issue?
Thanks!!
Andrew
I am the CoP Deputy for my dad who is in a CH. His house is empty and I am in the process of applying to the CoP to sell etc, etc etc.
I live a long way away and no one else is around to regularly enter the house and check it etc. Water is turned off etc. etc It is also in a quiet part of the country in a rural area. (Dad has never had insurance)
My question is about unoccupied house insurance. (I estimate about 1 year before house sold).
Looking on google there are a number of specialist suppliers. However reading the policy wordings it would appear that there seem to be a large number of exclusions in the event of damage and theft etc.I question the real value - some appear to only effectively cover fire... (and exclude damage from theft / vandalism etc).
1) Does anyone have any experience of the real value of this type or insurance? (anyone actually claimed for loss?)
2) As a CoP deputy is there a 'responsibility' to have the house insured (even though the real benefit appears 'limited') to avoid potential issues of mismanagement of the persons financial affairs if there was a theft / vandalism issue?
Thanks!!
Andrew