vacant
The term vacant refers to a building that contains little to no furniture or other personal property. Many property provisions contain a vacancy provision that reduces or eliminates coverage when the property is vacant for a designated period of time.
Additional Information
Two similar terms—vacant and unoccupied—have specific meanings in the language of insurance and are specifically defined in some policies. A vacant building contains little or no furniture or other personal property. Even if it is not vacant, a building is unoccupied when people are absent. The wording in many property insurance policies limits reduces or entirely eliminates coverage when a building has been vacant (or, in some forms, vacant or unoccupied) for a designated period of time such as 45 or 60 days.
