Understand your coverage
Key features of vacant land insurance
Designed for residential or commercial land parcels, this coverage is ideal for landowners, developers, and investors. It ensures you’re protected while your land is unoccupied, so you can focus on what comes next.
Third party liability
The right coverage can protect you from third-party injury and property damage claims, and help cover resulting legal expenses.
Variable coverage limits
We offer coverage limits ranging from $1-$5 million to suit your vacant land insurance needs.
Pollution protection (optional)
This add-on provides protection against accidental pollution on your vacant property and can help cover cleanup expenses.
Vandalism protection (optional)
This optional coverage protects you from vandalism or malicious acts that happen on your vacant property.
Why choose Navacord for your vacant land insurance
With deep roots in the communities we serve, our local experts provide tailored solutions that address the specific risks of your vacant land.
Customizable coverage
Backed by partnerships with Canada’s leading insurers, we deliver vacant land insurance with variable limits and optional add-ons to suit your needs.
Exceptional service
Our dedicated advisors across the country are committed to providing reliable service and personalized support every step of the way.
Reliable claims support
If you need to make a claim, our in-house support team will advocate on your behalf to resolve your claim as efficiently and fairly as possible.
FAQs for vacant land insurance
If you own residential or commercial land that is vacant, this coverage is strongly recommended to ensure you’re protected from third-party claims and other risks. This type of insurance is ideal for landowners, developers, and investors to ensure you’re protected while your land sits unused.
Vacant land insurance provides liability coverage for your property. If someone gets injured or has their personal property damaged while on your vacant land, this insurance can help cover legal expenses and court-awarded settlements. There are also optional coverages available to protect against pollution and vandalism.
Vacant land insurance does not cover the property itself. It also doesn’t cover any structures, fences, or equipment on the property.
The cost of your vacant land insurance coverage will depend on several factors including the size, location, and value of the property. The price will also be determined by the limits and optional coverages you choose.
