Void property: The hidden pitfalls of arranging insurance cover and adhering to terms and conditions

Trevor M. Palmer

Journal of Building Survey, Appraisal & Valuation, 2012, vol. 1, issue 4, 325-332

Abstract: When a property becomes void, all interested parties and insurance brokers must work together to adhere to the additional conditions that are likely be imposed by insurers. There are many pitfalls to be avoided to ensure a full indemnity is obtained from the policy should disaster strike. Failure to identify and implement vacant property insurance conditions can result in uninsured losses adding further to the burden of costs a void property already had on a portfolio.

Keywords: void property; vacant property; insurance empty premises; vacant units (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
https://hstalks.com/article/4310/download/ (application/pdf)
https://hstalks.com/article/4310/ (text/html)
Requires a paid subscription for full access.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:aza:jbsav0:y:2012:v:1:i:4:p:325-332

Access Statistics for this article

More articles in Journal of Building Survey, Appraisal & Valuation from Henry Stewart Publications
Bibliographic data for series maintained by Henry Stewart Talks ().