Owning an unoccupied property comes with unique challenges and risks. Protecting your empty home is crucial not only to prevent damage and theft but also to keep your insurance costs manageable. Here are ten effective strategies to safeguard your unoccupied property and maintain affordable insurance premiums.
Install a Security System
A robust security system can deter potential intruders. Modern systems include alarms, motion detectors, and surveillance cameras. Some systems can be monitored remotely, providing real-time alerts and footage. This not only protects your property but can also lead to lower insurance premiums due to reduced risk.
Regular Property Inspections
Frequent inspections help identify issues before they escalate. Arrange for a trusted neighbour, friend, or property management company to check the property regularly. Document these inspections to provide evidence to your insurer, demonstrating your proactive approach to property maintenance.
Maintain the Exterior
A well-maintained exterior gives the impression that the property is occupied and cared for. Regularly mow the lawn, trim hedges, and remove any debris. This not only enhances the property’s appearance but also reduces the risk of damage and can positively impact your insurance costs.
Secure All Entry Points
Ensure all windows and doors are locked and secure. Consider installing deadbolts and additional locking mechanisms for extra protection. Securing entry points makes it more difficult for intruders to access your property, which can help lower your insurance premiums.
Use Timers for Lights
Installing timers for interior and exterior lights can give the appearance that the property is occupied. Set timers to turn lights on and off at different times to mimic typical human activity. This simple measure can deter potential burglars and reduce the risk of break-ins.
Winterise the Property
If the property is unoccupied during winter, take steps to prevent weather-related damage. Insulate pipes to prevent freezing, set the thermostat to a minimum temperature, and ensure gutters and downspouts are clear. Proper winterisation can prevent costly repairs and keep insurance premiums down by mitigating risk.
Remove Valuables
Remove any valuable items from the property to reduce the temptation for burglars. If possible, take these items to a secure location or store them in a safe. Lowering the risk of theft can positively influence your insurance premiums.
Consider Unoccupied Property Insurance
Standard home insurance policies often do not cover unoccupied properties. Investing in specialised unoccupied property insurance ensures comprehensive coverage tailored to the unique risks of an empty home. For more information on this you can visit our article on unoccupied property insurance.
Flexible Coverage Options
Opt for flexible insurance properties that offer coverage based on the duration that your property will be unoccupied. You can choose from 3,6, or 12-month cover options ensuring that you only pay for the coverage that you need. This flexibility helps in managing insurance costs effectively.
Protecting your unoccupied property involves a combination of proactive measures and informed insurance choices. By following these tips, you can safeguard your property, prevent damage and theft, and keep your insurance premiums affordable. For more detailed information and insurance solutions, you can contact us to learn more.
