Unoccupied property insurance demand surges by 500%

Demand for unoccupied property insurance has surged by 500%, according to Atec Group.

Atec’s proprietary data shows that, in 2025, there were almost 500% more annual policy quotations for unoccupied property insurance cover compared to five years ago.

It also revealed that 70% of sales opted for a 12-month cover period in comparison to 20% for a six-month period and 10% for three-months’ cover. 

Brendan Devine, chief executive at Atec Group, said:  “Our data tells a compelling story.

”What was once considered a niche insurance product is becoming increasingly mainstream as property owners face longer periods of vacancy due to sluggish market conditions, high renovation costs, complex probate situations and longer landlord void periods. 

”However, most standard home and landlord insurance policies still only protect properties when unoccupied for 30 to 60 days. Beyond this window, property owners face significant exposure to risks including theft, escape of water and malicious damage.”

Growth area

Due to this type of insurance seeing more demand, 75% of brokers now identify unoccupied homes as a top growth area.

Devine continued: “Many property owners don’t realise their standard policy is inadequate until they attempt to file a claim.

”Intermediaries with access to flexible, A rated, non-standard cover are better placed to proactively discuss unoccupied property insurance with clients and offer them a choice of appropriate cover options, thereby differentiating themselves as trusted advisors while protecting clients from genuine financial risk.”