Does your Business Need Additional Coverage?Posted: May 3, 2012
Here is an excerpt from a new blog post at GreggMarcus.com:
There are a staggering number of scenarios in which a home is to become vacant for an extended period of time. In many cases this is for more than just a weekend or couple week’s vacation. There are many people who believe that their vacant home, for whatever reason, is covered under their existing policy, not truly knowing that in reality the vacant house has severely limited coverage. In this post, Long Island Insurance Executive, Gregg S. Marcus explains the situations in which a home may be vacant and why and how you can properly insure your non-living residence.
There are many reasons why a house may remain vacant. Regardless of the reasoning, people are usually misinformed about their vacant homes coverage. The most common reasons a house will remain without residence are the following: a family has purchased a new house and the old home is now vacant and waiting to be sold, an elderly parent or loved one has moved into a nursing home in which the house is left behind for the children to decide what they wish to do with it, or a couple moves out of state for half a year or so for a job opportunity.
To read this post in it’s entirety, click here to visit the Gregg Marcus official website.