This website uses cookies to improve your experience. Ok
Welcome to APRIL
Are you a broker? *
Enter
* You can always change your mind later in the top menu
  • Applications and Submissions
  • Become a Partner
  • News & Stories
  • Contact Us
  • Careers
logo april Back home
  • APRIL ON
  • Covid-19

  • Commercial Lines
        • Contractors
          • APRIL Contractors
          • APRIL Janitorial
        • Student Housing Insurance
          • Student Housing Insurance
        • Farms
          • Farm Insurance
        • Professional Liability Insurance
          • Professional Liability Insurance
          • Umbrella & Excess Insurance
        • Medical Malpractice Coverage
          • APRIL Medical Malpractice Coverage
        • Realty Insurance
          • Realty Insurance
          • Vacant Land
          • APRIL'S program for Houses of Worship
        • Commercial Marine
          • APRIL Cargo and Storage
          • Marine Liabilities and Marine General Liability
          • Marinas, boat dealers & yacht clubs
          • Hull & Machinery Insurance
          • APRIL Cargo Legal Liability
        • Motor Truck Cargo
          • Motor Truck Cargo Insurance
        • Other
          • Hospitality Insurance
          • Add-on Commercial Coverages
        • Commercial Web Quoting
        • Construction Insurance
          • Small COC & Renovation Insurance
        • Commercial Liability Insurance
          • Product Recall Insurance
          • Product Contamination Insurance
          • Umbrella & Excess Insurance
        • Cyber
          • Cyber Insurance
  • Personal Lines
        • Residential
          • Airbnb © and Short Term Rentals Insurance
          • Homeowners living out of the country insurance
          • Insurance for Rented Homes
          • Insurance for Vacant Homes
          • Seasonal and Secondary Homes insurance
          • Non-Standard Financial Situation
          • High value home insurance
          • All other Residential Insurance
        • Pleasure Craft
          • Pleasure Craft Marine
        • Personal Automobile
          • Automobile Insurance
  • Services
        • Services
          • APRIL Academy
          • APRIL Events
          • Billing solutions
          • Payment solutions
  • En
  • Fr
I am : a brokeran individual
  • I am a broker,
    looking for technical supports
  • I am an individual,
    seeking to get a quote from a broker
  • Applications and Submissions
  • Become a Partner
  • News & Stories
  • Contact Us
  • Careers
  • Find a broker
  • Who are we?
  • APRIL in the community
  • Why APRIL ?
  • Claims
  • Team
  • Careers
  • Facebook
  • LinkedIn
  • APRIL ON
  • Covid-19

  • Commercial Lines
        • Contractors
          • APRIL Contractors
          • APRIL Janitorial
        • Student Housing Insurance
          • Student Housing Insurance
        • Farms
          • Farm Insurance
        • Professional Liability Insurance
          • Professional Liability Insurance
          • Umbrella & Excess Insurance
        • Medical Malpractice Coverage
          • APRIL Medical Malpractice Coverage
        • Realty Insurance
          • Realty Insurance
          • Vacant Land
          • APRIL'S program for Houses of Worship
        • Commercial Marine
          • APRIL Cargo and Storage
          • Marine Liabilities and Marine General Liability
          • Marinas, boat dealers & yacht clubs
          • Hull & Machinery Insurance
          • APRIL Cargo Legal Liability
        • Motor Truck Cargo
          • Motor Truck Cargo Insurance
        • Other
          • Hospitality Insurance
          • Add-on Commercial Coverages
        • Commercial Web Quoting
        • Construction Insurance
          • Small COC & Renovation Insurance
        • Commercial Liability Insurance
          • Product Recall Insurance
          • Product Contamination Insurance
          • Umbrella & Excess Insurance
        • Cyber
          • Cyber Insurance
  • Personal Lines
        • Residential
          • Airbnb © and Short Term Rentals Insurance
          • Homeowners living out of the country insurance
          • Insurance for Rented Homes
          • Insurance for Vacant Homes
          • Seasonal and Secondary Homes insurance
          • Non-Standard Financial Situation
          • High value home insurance
          • All other Residential Insurance
        • Pleasure Craft
          • Pleasure Craft Marine
        • Personal Automobile
          • Automobile Insurance
  • Services
        • Services
          • APRIL Academy
          • APRIL Events
          • Billing solutions
          • Payment solutions
Find a broker
Are you a broker? Yes
No
Why this question?

Vacant Homes Insurance – how to get a quote more quickly

Risks March 28, 2017 Subscribe to our newsletter
Share
Facebook LinkedIn Twitter
Back to general news

Getting a quote to insure a vacant building under renovation can be a lot of work. At April, you can get a vacant homes insurance quote very quickly with a few smart moves.

There are many requests for quotes on vacant buildings undergoing minor renovations. In fact, it’s the most common request at APRIL. Each vacant homes insurance quote is unique and meets a different set of specific needs. Insuring this kind of risk requires an in-depth, personalized review.

A request for quotes is never sent alone

“We do have guidelines, but each risk is treated on a case-by-case basis. There are so many factors to take into account – from analyzing a financial situation to studying the neighborhood!” says Conal Fitzgibbon, Residential Underwriting Assistant at APRIL Canada.

“At APRIL Canada, we send a renovation questionnaire to be returned to us with the RFQ so that we get as much information as possible on the renovation plans.”

Information, information, information… and not just any!

The more relevant information you provide with your requests, the faster we can process them. But what kind of information should you provide?

Conal Fitzgibbon is an assistant underwriter at April. He collects and processes RFQs for vacant buildings, so issuing quotes for brokers is something he does every day. Here are his guidelines.

If the request is for a building undergoing minor renovation, it’s helpful to send the following information to the insurer:

  • Type of wiring (material)
  • Type of technology and features of the electrical panel (fuses — circuit breakers — current)
  • Type of plumbing

Why should insurance brokers provide these details?

Conal Fitzgibbon — It’s important for us to gather this information because the company can decline a risk if it doesn’t meet certain conditions. For example, at APRIL, wiring must be copper; we accept circuit-breaker panels, and fuses are rejected on a case-by-case basis. In addition, we use any details we get on, say, plumbing, to adjust the quote, based on the house’s age.

Evidence needed for Vacant Homes Insurance

It’s a good idea to attach photos of the house’s interior and the work to be done before you request a quote. Photos are very important for evaluating the risk of a vacant building. And photos are essential for issuing the policy.

“At APRIL, we ask that photos be submitted not more than five days after binding the risk. If the house is for sale, most of the time, we can view the interior if there’s an MLS (Multiple Listing Service) listing on line,” adds Fitzgibbon

What you should know

APRIL mainly offers protection for “designated risks” for minor renovations, regardless of the type of work. However, the company is also equipped to offer Multi-Risk (Extended Form) protection, subject to many factors surrounding the risk:

  • Age
  • Claims history
  • Condition of the house

“Covering several risks on vacant buildings and residences is a pretty exceptional offer on the market. We can cover sewer backup, water damage, vandalism, and malicious acts, among other things,” Fitzgibbon explains.

 

Related products

Insurance for Vacant Homes View the product
  • About us
  • Applications and Submissions
  • Contact Us
  • Why APRIL ?
  • APRIL in the Community
  • News & Stories
  • Team
  • Claims
  • Become a Partner
  • Careers
  • Find a broker
  • Facebook
  • LinkedIn
© 2021 APRIL. All Rights Reserved.
  • Terms & Conditions
  • Privacy Policy
LEEROY Web Agency
Your browser is out-of-date!

Update your browser to view this website correctly.Update my browser now

×

desktop
small-desktop
tablet
mobile
mobile-small