Specialty Dwelling Insurance

At Dickerson Agency, we understand that protecting your rental or vacant property requires a specialized approach. A traditional homeowners insurance policy won’t cover properties that aren’t owner-occupied, which is where a “Specialty Dwelling” insurance policy comes in. Whether you own a rental home, a vacant property, or a vacation house, we have the expertise and the right coverage options for you.

Why You Need Specialty Dwelling Insurance

If you don’t live in the home you own, a regular homeowners insurance policy simply won’t provide the protection you need. In fact, most homeowners insurance excludes coverage for non-owner-occupied properties. This is where Specialty Dwelling insurance steps in, offering the appropriate protection for your unique situation.

At Dickerson Agency, we work with multiple carriers that offer Specialty Dwelling insurance, providing options to suit your specific needs, whether you own a rental property, a vacant home, or a secondary residence.

When is Specialty Dwelling Insurance Required?

There are several situations where Specialty Dwelling insurance is essential:

• Rental Properties: If you rent out your property, Specialty Dwelling insurance is a must. It provides vital coverages that standard homeowners insurance doesn’t, such as Landlord Furnishings and Tenant Liability, which are crucial for protecting your investment.
• Vacant Homes: Insuring a vacant home can be tricky because vacant properties are often seen as higher risk. Many insurance companies hesitate to cover them. Fortunately, we work with providers who offer policies specifically designed to protect vacant properties.
• Seasonal and Vacation Homes: Insuring a second home or vacation property can be complicated, especially if the insurer requires you to bundle coverage with your primary residence. If that’s not possible for you, we can help you find a policy tailored to your needs.
• Older and Lower Value Homes: Homes that are either very old or have a market value significantly lower than the cost to rebuild can be difficult to insure. However, we have access to specialty policies that cover these properties, giving you peace of mind regardless of your home’s age or value.
• Homes Under Construction: If you’re renovating, adding to, or rebuilding your property, you may need this type of policy to ensure you’re properly covered throughout the construction process.
• Credit Issues: If you’ve had difficulty securing standard homeowners insurance due to credit challenges, Specialty Dwelling insurance can offer a valuable alternative.

Let Us Help You

At Dickerson Agency, we understand the unique challenges that come with insuring non-owner-occupied properties, and we’re here to help. Whether you own a rental, a vacant property, or a home that’s undergoing construction, we can find the right policy to protect your investment.

Reach out to us today to learn more about how we can help you secure the right coverage for your property!