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Sovereign Group International Inc.
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Sovereign Group International Inc.
Contact Us
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Vacant Property

3, 6, 9, 12: Vacant Property Coverage is what we sell!

Sovereign Group International Inc. offers a flexible, reliable Vacant Property program built for clients with unoccupied or partially occupied real estate. Whether a property is awaiting sale, undergoing renovation, between tenants, or otherwise idle, our coverage options are tailored to manage the unique risks that vacant exposures create.

Ideal Accounts and Appetite
Our program is a strong fit for:
  • Completely vacant buildings
  • Partially vacant properties
  • Properties under renovation
  • Vacant land
  • Structures in the course of construction or nearing completion
We handle short-term placements and can extend or modify coverage as occupancy changes. You might place a small apartment complex that’s being renovated prior to leasing or a commercial property owner who needs interim protection between tenants—both are typical submissions for this program.

Coverage Highlights and Advantages
Sovereign can provide limits up to $3 million per occurrence and $5 million aggregate, with policy terms available from 1 to 12 months. We focus on fast quotes and a streamlined application process—email us and we’ll send a straightforward application to complete and return.

Additional advantages:
  • High-limit capacity for larger vacant risks
  • Flexible short-term policy terms with extension options
  • Ability to adapt coverage as occupancy or renovation status changes
  • Responsive underwriting and fast turnaround on quotes

Underwriting Notes
We review each vacant exposure individually. Most standard vacant accounts fit our appetite, but properties with extensive prior losses, significant unresolved structural issues, or long periods of abandonment may be declined or require special terms. Submit early in the placement process and include full details on recent occupancy, renovations, risk controls, and any prior losses to expedite review.

Territories and Availability
Our Vacant Property program is currently available in Massachusetts (MA), New Jersey (NJ), and New York (NY). Some admitted markets are available depending on account specifics.

Why Work With Sovereign Group International Inc.?
As a wholesale broker focused on niche property risks, Sovereign brings underwriting expertise and market access that help you place difficult or time-sensitive vacant accounts. We pair practical underwriting with fast, clear communication so you can close deals efficiently and keep clients protected while properties are not in full use.

Need a fast quote? Contact us at [email protected] or call (800) 843-0843. We’ll send a quick application and guide you to the right coverage for your vacant property risks.

Frequently Asked Questions

What types of accounts are a good fit for this Vacant Property program?

We’re a good fit for fully vacant buildings, partially vacant properties, structures under renovation, vacant land, and properties in the course of construction or completion.

How long can coverage be written for?

We offer flexible policy terms from 1 to 12 months, with the ability to extend coverage or adjust occupancy terms as the property status changes.

Are high coverage limits available?

Yes — depending on the risk profile, we can provide limits up to $3 million per occurrence and $5 million aggregate.

What states is this program available in?

This program is available in Massachusetts, New Jersey, and New York.

How do I get a quote?

Email [email protected] to request a simple application. Once completed, we can provide a fast quote.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Wholesale Broker
  • Admitted:
    Some Available Markets
  • Carriers:
  • Carrier Ratings:
    -
  • Commission:
    -
  • Min Premium:
    -

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CONTACT INFORMATION

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AGENCY LICENSING

Licensed in New York, New Jersey & Massachusetts.
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Sovereign Group International Inc. has other insurance programs like Home Based Business Insurance.