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For agents and brokers looking to break into the Vacant Buildings market category, or to expand their existing book of business, here’s a look at the latest trends and key coverage needs.


Commercial property owners often (but not always) face increased insurance rates when their building is considered “vacant,” a categorization that comes, depending on the specific terms of the policy, when occupancy falls below a certain threshold—typically when only 25-31 percent of the square footage is occupied.

A standard ISO Property policy states that if a building is vacant for more than 60 days, there are certain limitations of coverage that kick in, and specific perils are eliminated: vandalism; theft (including damage from attempted theft); sprinkler leakage; glass breakage; and water damage from bursting pipes.

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