The Solution
The Options
QSelect Agencies Vacant land cover is underwritten by Guild Insurance, one of Australia’s most respected Insurers and offers two levels of cover. $10,000,000 or $20,000,000 for Vacant Land from 0 to 5 acres in area.
We are happy to insure land with unoccupied dwellings and their domestic outbuildings or land with an unoccupied shed on the block. These covers will attract an extra premium. However we do not accept the following:
- Tennis Court
- Swimming Pool
- Jetty
- Wharf
- Shipping Containers
- Incomplete Building Structures
Exclusions
There are very few exclusions to our cover for vacant land, but it must be unoccupied and not used for business purposes.
We cannot insure land which has Construction under way and our policies will contain the following exclusions;
Construction Exclusion This Policy does not Cover and We will not be liable for any claim under this Policy for, directly or indirectly arising out of or in any way connected with the construction, erection, demolition, alteration, repair, renovation of or addition to any buildings performed by You or on Your behalf.
Property Owners Limitation This Policy does not Cover and We will not be liable for any claim under this Policy for, directly or indirectly arising out of or in any way connected with any Business or other operation or activity other than that of a Property Owner as stated in the Schedule.
