Owning a vacant property comes with a unique set of challenges and risks. Whether the property is temporarily unoccupied or undergoing a transition, the absence of occupants can expose it to various hazards. These typically include vandalism, theft, and deterioration.
To safeguard your investment and mitigate potential losses, it’s crucial to have a solid understanding of vacant property risks. In this article, we’ll explore valuable insurance tips to help you effectively manage the risks associated with vacant properties.
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