Insurance for empty lot?

[Jeffhale]

O.K. so everybody knows I got some bad neighbors.. So I am thinking while i am away, they might try and pull something.. maybe I'd best get some financial protection.. I've dealt with a lot of insurance matters in the past but never thought about it for an empty lot.. I've got blanket insurance on a lot in Missouri, but it would not spread here. So, anybody know of empty lot insurance kine thing?

[missydog1]

You can get liability coverage for your vacant land under a policy on your home or renter's insurance. Not sure if that extends to another state. I know this because I have a vacant lot and just went through discussing insurance on it with Allstate.

There's no insurance on contents. Landscaping isn't really insured even on improved property.

I assume you're thinking about vandalism coverage?
Check your regular homeowners to see if it covers vandalism of your things in Hawai'i.

I'm unaware of any way to get insurance on unimproved property other than as a form of tagalong coverage that comes with insurance on your home.

[David M]

I agree with Kathy - check your homeowners insurer.

Before we moved I was concerned with coverage, particularly liability on the Ninole lot. A quick call the my homeowner insurer (Ga property) - said I was covered through them, no additional cost.

David

Ninole Resident

[punagirl]

Jeff - Check with your agent for your homeowners & your agent in Hawaii. The only thing you need to be concerned with is liability. These might be the type of folks that get injured while walking across your lot and sue you. Depending on your policy your home owners may or may not cover you. If you have a blanket/umbrella policy it might cover liability there as well. Although I am an adjuster my homeowners experience is limited (VERY boring claims in homeowners! I like the blood & guts claims!) to my rookie training years. If you have done enough work to your lot you may be able to get a builders risk policy but those are pricey and most likely not worth the amount of work you have done so far. I think the potential is there for a liability claim if they are smart enough to do it. Again, don't take any advice with more than a grain of salt other than your agent back in Missouri or a local agent in Hawaii(if you purchase a policy there). Be sure to explain the scenario to your agent and pin them down on admitting coverage for you (document it) in case it isn't covered so that the agent's E&O will pay. Agents are great at selling policies but not very good at interpreting the language and how it relates to coverage for a claim.

Atlanta/Pahoa