vacant land liability


 

 

 

Vacant land liability insurance

Vacant land cover was developed at ASR to fill a market segment that has been difficult to place locally. Few underwriters are prepared to take on such a risk, and those who are generally put imposing conditions in place that can make the cover far less effective than you or your client need.

 Underwritten by Certain Underwriters at Lloyd’s, this product is a competitive, reliable alternative for your clients. The team at ASR can assist you in placing suitable coverage for your client.

 

  • Limits $5,000,000, $10,000,000, $20,000,000 or $50,000,000
  • Lloyd’s of London security

 

Acceptable risks:

 Water courses and dams
 Casual parking
 Markets
 Land for sale
 Land awaiting development

 

Decline risks:

Grazing/farming land
 Agistment purposes
 Buildings/structures
 Construction

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