Unoccupied
Property Owners
Available under our ARO TEN brand:
Underwritten by Ergo, this product provides for short and long term unoccupancy in residential and mixed residential/commercial properties.
For Risks
- Which are commercial properties including: catering, retail, offices, manufacturing, warehousing
- Which are residential properties
- Which have been unoccupied for up to 5 years at the point of inception.
Key Benefits
- We offer Buildings only, Contents only or Building and Contents combined
- Standard Accidental Damage cover on Buildings (optional on Contents)
- Backed by ‘A’ rated capacity
- Competitive Unoccupied rates
- Student tenants accepted
- DSS tenants accepted
- HMO (up to 10 individual tenants) allowed
- Bedsits acceptable
- Listed Buildings accepted (Grade 2 and Grade B/B+ in Scotland/NI)
- Up to 75% Flat roof allowable without referral
What is Covered
- Buildings Sum Insured: £500,000 (up to £3,000,000 on referral)
- Contents Sum Insured: £40,000
- Loss of Rent: 20% Sum Insured, 12 month Indemnity Period
- POL: £2,000,000 or optional £5,000,000
Minimum Premiums
- Buildings Only & Buildings & Contents £100 + IPT + £20 fee
- Contents Only £75 + IPT + £17.50 fee
- Cover for Temporarily unoccupied property (full cover up to 90 days on mid-term unoccupancy)
Optional Cover
- Optional Legal Expense cover
Standard Policy Excess
- Standard £100
- Escape of Water £250
- Subsidence £1,000
