your property is subject to being vacant or unoccupied, your fire
insurance policy may seriously impair your insurance, or void it
altogether. This of course means you may not be covered at
a time when the property is probably most likely to suffer damage
from vandalism, arson, water damage, etc.
usually means a property literally empty, with little or no contents.
Unoccupancy usually means a property which may have contents, but
which is not being utilized or occupied for any purpose. These two
terms are subject to variations in how they are defined, and policies
may vary widely in how long a property may be vacant or unoccupied
before voids or limitations apply. (Typical periods are 30
to 60 days of continuous vacancy- unoccupancy.)
given the usually neatly-drawn definitions, actual circumstances
can obviously lead to complicated and troublesome disagreements
between insurers and policyholders.
may be willing to endorse their policies to provide insurance during
extended vacancy-unoccupancy, however the premium charges are usually
horrendous, and they will usually up your deductible to a startling
number. (A sobering reflection of just how likely a serious
loss becomes when your property is obviously vacant.)