Vacant Property Insurance Program from Ashley General Agency
Ashley General Agency offers a specialized Vacant Property Insurance program tailored for both residential and commercial properties that are currently unoccupied. Vacant structures face a higher risk of damage due to vandalism, theft, and other liabilities, making proper coverage essential. This program is designed to help agents and brokers place hard-to-insure vacant risks with confidence through access to reliable carriers and flexible underwriting solutions.
Ideal Accounts and Appetite
This program is well-suited for:
- Residential homes between tenants or for sale
- Commercial buildings awaiting renovation, lease, or sale
- Newly constructed properties not yet occupied
- Foreclosed or bank-owned properties
Whether your client is a real estate investor, property manager, lender, or individual homeowner, Ashley General can help you place vacant property risks that require specialized attention. Accounts with a moderate to low risk profile and clear plans for future occupancy or renovation are preferred.
Coverage Highlights and Advantages
Vacant properties are vulnerable to exposures that aren't typically covered under standard property policies. Ashley General’s program provides protection against:
- Theft and vandalism
- Trespassing incidents
- Insect or pest infestation
- Other liability-related risks unique to vacant structures
Coverage can be tailored to short-term or longer-term vacancies, depending on the property's condition and future plans. This flexibility allows agents to match solutions to their clients' timelines and risk scenarios.
Underwriting Notes and Minimum Premiums
Minimum premium starts at $2,500, with underwriting evaluating factors such as property location, occupancy history, security features, and planned use. Properties with significant damage or unsafe conditions may be outside of appetite, but Ashley General’s experienced underwriters will review borderline cases with a solution-oriented approach.
Territories and Availability
This program is currently available in Texas. Admitted and non-admitted options may be available depending on the specific risk and carrier placement. Ashley General partners with a range of trusted carriers to find the best fit for each account.
Why Work With Ashley General Agency
Ashley General Agency is a Managing General Agency (MGA) and Excess & Surplus Lines Broker with deep experience in specialty property risks. Agents gain access to multiple carrier options, responsive underwriters, and a streamlined submission process. When you work with Ashley General, you’re partnering with a team that understands the urgency and complexity of vacant property placements.
If you have clients with vacant buildings—whether residential or commercial—Ashley General can help you secure the right coverage with minimal turnaround time.
Contact us for more information on our Vacant Property Insurance program.
Frequently Asked Questions
What types of accounts are a good fit for this program?
Ideal accounts include vacant residential homes, commercial buildings awaiting lease or sale, and properties in transition due to foreclosure or renovation.
Is this program available outside of Texas?
Currently, this program is only available in Texas. Contact us for updates on future state availability.
What is the minimum premium for this program?
The minimum premium starts at $2,500, depending on the property type, location, and risk profile.
Can I submit properties with prior claims or damage?
Properties with prior claims or damage may be considered on a case-by-case basis. Underwriters will evaluate the extent of damage and any mitigation measures in place.
What types of coverage are included in the policy?
Coverage may include protection against theft, vandalism, trespassing, and liability exposures such as insect infestation, depending on the policy terms.
Need help placing an account? Connect with a market specialist.