Vacant properties have been on the rise throughout the COVID-19 pandemic. And with restrictions likely into the new year, unfortunately, the owners of these properties may see the rise in vacancy rates continue.
With protracted slumps likely to continue across all major commercial sectors – office, retail, industrial and restaurants – you may need to help your insureds plan for specific vacant property insurance so they’re best protected while in transition.
With our carrier partners at Zurich, we have put together an infographic summarizing recent trends and clear steps to protect against rising risks.
We’ve also put together another infographic that you can share with your insureds, to help them understand the risks associated with vacant properties — and how you can help protect them.
The specialty property team at Blue River Underwriters has extensive experience in covering vacant properties nationwide. Find out more about our program here, or check out our latest webinar here: