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Moving out? Know your policy…

October 7, 2010

Consider the following scenarios:

1. You got relocated by your employer and put your home up for sale. Your home is vacant why it’s being marketed.

2. You bought a new home, moved in and put your previous home on the market. It is vacant.

If, for any reason you need to vacate your home, you need to check you home-owners policy.  There is a good chance that the insurance company does not cover vacant homes. Most insurance companies automatically terminate home-owners insurance the day the owner moves out. You may want to contact your insurance company and ask to have some insurance added.  Most home owners don’t know this and find out when  it is too late.

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