Specialty Dwelling

Looking for Rental or Vacant Property Insurance in Salt Lake City ?

If you own a rental property in Salt Lake City ‘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.

InsurePro’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.

Older & Lower Value Homes – if your home is extremely old and/or the market value is considerably lower than the’cost to rebuild it, many insurance companies may hesitate to cover it. Older or lower-valued properties present a number of problems, but we have access to’specialty policies specifically for these types of homes.

Credit Problems – some homeowners might not have strong enough credit to qualify for a “standard” homeowners policy. When this is the case, specialty dwelling insurance is the alternative.

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 Salt Lake City ‘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.