Vacant Property
by Cansure
Property Insurance
CA$ 5M
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan, Yukon
Yes
- Natural Disaster
- Property Damage
- vacant property
- vacant buildings / dwellings under renovation or construction
Product Overview
Vacant Property by Cansure provides insurance for properties that are empty, under renovation, or waiting for new occupants. This product helps fill the gap left by standard home insurance, which often excludes vacant or transitioning properties from coverage.
Coverage through the policy includes protection against natural disasters and property damage. It is available in Alberta, British Columbia, Manitoba, and other provinces and territories across Canada. There is no deductible, making it a straightforward choice for property owners seeking simple and clear protection.
Brokers must hold a contract with Cansure to offer this product. The application process is simple, requiring key details about the property and its condition. Properties must meet certain standards, such as regular checks and working security features, to qualify for coverage.
The policy is ideal for owners who need short-term insurance while their property is vacant or being renovated. Brokers can find more details, forms, and contact options on the product page, and are encouraged to reach out for quotes or support.
About Vacant Property by Cansure
The application process is straightforward, with forms that gather key details about the property and its condition. This helps Cansure assess risk and provide the right coverage for each situation. Properties must meet certain standards, such as regular checks and working security features, to qualify for coverage.
Vacant Property by Cansure is ideal for owners who need short-term insurance while their property is empty or being worked on. Brokers can find more details, forms, and contact options on the product page.
For quotes or support, brokers are encouraged to reach out to the country via the ‘Contact Underwriter for Quote’ option or explore the resources provided on this page.
Vacant Property by Cansure FAQs
Who is the provider this policy?
This ‘Vacant Property’ insurance coverage is offered by Cansure, a Canadian insurance provider known for specialty property coverage. Cansure focuses on unique risks, including vacant properties and buildings under renovation.
What makes this product different from regular home insurance?
Vacant Property by Cansure is designed for properties that are empty or in transition. Regular home insurance often excludes vacant properties, leaving owners without protection during these periods.
Can this policy be used for properties under construction?
Yes, Cansure’s ‘Vacant Property’ covers buildings or dwellings under renovation or construction. The property must meet eligibility requirements and be located in a covered province or territory.
Does this insurance require regular property checks? 4
Properties insured under Vacant Property by Cansure must be checked regularly. Owners must also maintain working security features, such as alarms and secure locks, to qualify for coverage.
Is Vacant Property by Cansure available for short-term coverage?
The policy offers short-term policy options. These policies can be renewed or extended, depending on the property’s status and the owner’s needs.
How does the application process work for this product?
Applicants complete a detailed form for Vacant Property by Cansure. The form asks for property address, reason for vacancy, duration, security features, and prior insurance history.
Can brokers access the policy without a contract?
Only brokers with a contract with Cansure can offer Vacant Property by Cansure. This ensures clients receive service from qualified professionals who understand the product.
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