Confirm
No
Yes
Welcome! You are not logged in.

Connect with US
Find USAssure on Facebook  Follow USAssure on Twitter  Follow USAssure on Linkedin

home > FAQWhat does "vacant" mean?
What qualifies for coverage under the Vacant Structure Program?
Does coverage provided under the Basic Causes of Loss Form include vandalism?
Does Coinsurance apply?
How will I be billed?
What payment types are accepted?
Vacancies over 1 year – will you consider?
What is considered a commercial building?
My dwelling is situated in a windstorm exposed area. Can I still get coverage from you?
What is the financial strength of the companies issuing the admitted and non-admitted policies?
Are there any limitations based on the number of acres of the property?
Will you insure homes in the process of Foreclosure?

What does "vacant" mean?

"Vacant" is defined as follows:

  • An unoccupied residential or commercial property that is not lived in, worked in or put to use for any other purpose.
  • An unoccupied residential or commercial property that is not undergoing remodeling.
*Any part-time or seasonal usage of the property will preclude coverage
*Properties with multiple commercial units must be 100% vacant in order to qualify for coverage

What qualifies for coverage under the Vacant Structure Program?

  • The following vacant dwellings qualify for the program:
  • Dwellings with no more than 4 residential units
  • Dwellings with 3 residential units and 1 commercial unit
  • Dwellings with 2 residential units and 2 commercial units
  • A fully skirted mobile home that is anchored down and/or on a permanent foundation
  • Individual condominium/townhouse units
  • A building intended for demolition does not qualify as a "vacant" dwelling
  • A dwelling constructed of logs does not qualify
  • A dwelling constructed on stilts does not qualify

Does coverage provided under the Basic Causes of Loss Form include vandalism?

Vandalism is an included coverage.

Does Coinsurance apply?

An 80 percent coinsurance clause applies to building and personal property. If Agreed Amount is selected as the valuation type, the coinsurance clause does not apply to the building limit or personal property limit (if applicable). However, we will not pay more for loss or damage to property with an Agreed Amount valuation than the proportion that the limit of insurance bears to the Agreed Value (Amount) shown in the commercial property declarations.

How will I be billed?

The applicant will be billed directly upon approval of the policy. All subsequent premium payments will also be billed directly to the billing party on the policy.

What payment types are accepted?

We accept check, credit/debit card, and PayPal payments.

Vacancies over 1 year – will you consider?

Length of vacancy is not an issue under this program as long as the property is in good condition, properly secured and checked regularly. Any properties that have been vacant for longer than 3 years are subject to underwriting review.

What is considered a commercial building?

A commercial building is any building that is used strictly for commercial purposes and does not meet the definition for a dwelling.

My dwelling is situated in a windstorm exposed area. Can I still get coverage from you?

We do underwrite coverage in windstorm areas. However, this coverage will be written on a non-admitted basis and will be subject to increased rates and deductibles to contemplate the severe windstorm exposure.

What is the financial strength of the companies issuing the admitted and non-admitted policies?

Admitted policies are issued by Diamond State Insurance Company or United National Specialty Insurance Company (IL & WI only) and non-admitted policies are issued by United National Insurance Company or United National Specialty Insurance Company (PA only) or Penn Star Insurance Company (NC only). All four companies are rated "A" (Excellent) XI by A.M. Best.

Are there any limitations based on the number of acres of the property?

Residential properties that are 5 acres or less can be quoted through the system with liability coverage included. Any properties larger than 5 acres can only be written without liability coverage.

Commercial properties that are 10 acres or less can be quoted through the system with liability coverage included. Any properties larger than 10 acres can only be written without liability coverage.

Will you insure homes in the process of Foreclosure?

We will not offer coverage for homes in the process of foreclosure.