How do you insure unoccupied home in Australia, you need specialist vacant or unoccupied home insurance from providers like Terri Scheer, AAMI, QBE, Allianz and Budget Direct, as standard building insurance reduces cover after 60 to 90 days empty. To insure unoccupied home, first notify current insurer if home will be empty more than 60 days, as standard policy may void theft, water and vandalism cover after 60 to 90 days, and they may agree to extend with conditions like weekly inspection, mail collection and maintained garden, with extra premium 20% to 50% more, so $500K building occupied $1,200 to $1,800 becomes vacant $1,500 to $2,500 per year. If current insurer will not cover, get vacant home insurance from specialist, covering fire, storm and flood but often excluding theft and water damage unless inspected weekly, with sum insured $500K to $1M, costing $1,500 to $2,500 per year, with excess $1,000. Requirements include weekly inspection by you or agent, lawn mowing, mail collection, all doors locked, and alarm. For example, Terri Scheer vacant building $1,800 per year for $500K with weekly inspection log. For holiday homes, keep furniture, visit every 30 days and have neighbour check to be considered occupied. So to insure unoccupied home, notify insurer, arrange weekly inspections, get specialist vacant insurance from Terri Scheer, AAMI or QBE, costing $1,500 to $2,500 per year, with inspection and security requirements, otherwise standard policy may deny claim for theft and water damage after 60 days empty.
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