DP-1 and DP-1 Vacant

BoatsMany standard carriers are reluctant to cover a vacant home. We welcome that business with a specific program for temporarily vacant homes. For owner, seasonal and rental occupancies, take a look at our DP-1 program.

 

DP-1

DP-1 Vacant

Target Market

Owners who either do not want, or do not qualify for, an HO-3 policy.

Properties temporarily vacant due to renovation, between rental tenants, or on the market for sale.

Occupancy

Owner - Rental - Seasonal

Vacant

Protection Loss Settlement1

Named peril
Actual cash value

Named peril
Actual cash value

Dwelling

No age restriction
Fair or better conditions

No age restriction
Average or better condition, showing proper maintenance

Family

Up to four families

Up to four families

Value

Varies by state

Varies by state

Term

12 months

3 or 6 months - renewable
12 months in some states

Protection Class

1 - 10

1 -10

Prior Losses or
Credit Issues

Most acceptable

Most acceptable

Photos

Not required

Not required

Included Coverage1

Other structures
Loss of use

Other structures
Loss of use

Optional Coverage1

Liability, Personal Residential, Loss of use, Vandalism

Liability, Vandalism

Special Note

  

 

Many standard carriers treat vacant homes as "high risk." Policies may be expensive, or drop coverage levels if vacancy extends. Our Vacant program is an excellent alternative.

1All coverages protect up to the policy limits. As you review these program highlights, keep in mind that program availability and coverages may vary by state. The state program manual and policy form present complete details.