How long can a property be left unoccupied? A guide for brokers
At Geo Underwriting, we want to help our broker partners stay well-informed when advising clients. We’re committed to sharing tips and knowledge from our expert teams that we hope will prove useful in your conversations with clients.
We asked our property team to provide a checklist of the key information brokers should obtain from clients if their property becomes unoccupied. These handy hints can help you guide your clients effectively, and feel free to share them with them too.
Why does unoccupancy matter?
Unoccupied properties present increased risks, such as theft, vandalism, and damage going unnoticed. Understanding the rules and responsibilities around unoccupied properties is essential for maintaining cover and avoiding complications.
Geo Underwriting unoccupancy guidelines
- Commercial properties
- Policyholders have 7 days before the property is deemed unoccupied and unoccupied terms apply.
- Once unoccupied, properties must be inspected a minimum of every 7 days.
- Residential properties
- Policyholders have 60 days before the property is deemed unoccupied and unoccupied terms apply.
- Once unoccupied, properties must be inspected a minimum of every 14 days.
Checklist for brokers: what to ask clients
If a property becomes unoccupied, gather the following details:
- Reason for unoccupancy (e.g., renovation, sale, temporary absence)
- Expected duration of unoccupancy
- Security measures in place (alarms, locks, CCTV)
- Utilities status (heating, water, electricity)
- Inspection arrangements (frequency and responsible party)
- Any ongoing maintenance (gardens, repairs)
These details help ensure the right cover and reduce risk during the unoccupied period.
Best practices for clients
Encourage clients to:
- Maintain regular inspections as per Geo guidelines
- Keep heating at a safe level to prevent frozen pipes
- Secure all entry points and consider additional security measures
- Inform you promptly of any changes in occupancy status