Specialty Dwelling Insurance in Jackson, MO and Cape Girardeau County Missouri

If you own a rental property in Jackson MO or a home that happens to be vacant, a traditional homeowner’s insurance policy will not suffice.

You’ll require what’s known as a “Specialty Dwelling” insurance policy.

This is necessary because traditional homeowners insurance does not cover properties that are not owner-occupied.

In other words, if you don’t reside in the house, it’s only covered by a specialty dwelling policy.

Wallace Insurance Agency represents several carriers who can insure your rental property or specialty use property.

**Specialty Dwelling Insurance**
There are multiple scenarios where specialty dwelling insurance is essential:

**Rental Properties** — Specialty Dwelling insurance is the only type of policy suitable for a rental property.

It provides specific coverages necessary for a non-owner occupied property, such as Landlord Furnishings and Tenant Liability, which are not available through standard homeowners policies.

**Vacant Homes** — Vacant homes can present a host of challenges, making them particularly difficult to insure. Most insurance companies avoid properties that are vacant, but we can assist you.

**Seasonal & Vacation Homes** — Often, to insure a secondary, seasonal, or vacation property, most companies require that you also insure your primary residence with them, which isn’t always feasible.

**Older & Lower Value Homes** — If your home is very old or the market value is considerably lower than the cost to rebuild, many insurance companies may be reluctant to offer coverage. However, we have access to specialty policies specifically designed for these types of homes.

**Credit Problems** — Homeowners who do not have strong enough credit to qualify for a “standard” homeowner’s policy might find specialty dwelling insurance as a viable alternative.

**Homes Under Construction** — For renovation, addition, or reconstruction projects, a specialty dwelling policy may be necessary.