Vacant Land Insurance in New Hampshire

Also providing vacant land insurance to residents in Massachusetts, Maine, Rhode Island, & Vermont.

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What is vacant land insurance?

Owning vacant land doesn’t necessarily present the same insurance requirements as owning a building or other developed property, but undeveloped properties usually still need some insurance coverage. New Hampshire residents and businesses that have undeveloped land can usually get the requisite coverage through vacant land insurance.

Vacant land insurance is specialized property coverage designed to protect landowners from certain liability risks associated with owning undeveloped land. Policies primarily focus on liability risks.

Who in New Hampshire needs vacant land liability insurance?

Anyone owning undeveloped land in New Hampshire may need vacant land liability insurance. This is doubly true for properties where people are more likely to be injured, such as waterfront. It’s not just for waterfront and other potentially dangerous properties, however, as injuries can occur on virtually any type of terrain.

Policies are generally available for virtually all types of undeveloped land, including suburban, rural and urban properties without any improvements on them. These policies are also purchased by both individuals and businesses. Some examples of who might want this type of policy include:

• Landowners holding property for future development or sale
• Real estate developers who haven’t yet begun development
• Residents holding a lot before actually building a new house on it
• Individuals with recreational land for camping, hiking, hunting or fishing
• Non-resident landowners who might not regularly visit a property.

Moreover, these policies may be purchased for properties in New Hampshire regardless of whether the owner is in the state.

What protections does vacant land coverage provide?

Vacant land coverage normally protects against liability risks if someone is injured on the property. Policies may pay legal fees and settlements for a covered injury or death.

Does vacant land coverage provide any property protections?

Vacant land coverage is normally a liability-only policy, as there’s usually not significant property on the land. If there are major improvements requiring coverage, then a commercial building policy or other commercial property policy is likely more suitable.

Does vacant land coverage extend to hunting, fishing and similar outdoor sports?

Using a property for sports like hunting, fishing and ATVing presents an increased risk of injury, beyond the inherent risk that’s presented by the actual property. 

Not all vacant land coverage will provide liability protection if there’s a hunting, fishing or ATV accident, but some policies may offer protection. An insurance agent specializing in vacant land policies can help owners find coverage for outdoor sports if it’s needed.

What’s an attractive nuisance?

An attractive nuisance is generally anything that’s potentially dangerous and could be especially attractive to children. Construction equipment can be tempting to play on unsupervised, and climbing it or playing with controls is potentially dangerous. This is just one example, with trampolines, pools and old vehicles being a few others.

Undeveloped land may have attractive nuisances on it. In particular, waterfront, run-down cabins, tree houses, deer stands, docks and similar non-building improvements might be attractive nuisances. 

If there’s a potential attractive nuisance on an undeveloped property, this is something that the insurance company may want to know about. It can affect premiums and may require specific terms, since it’s something that increases risk. Coverage terms may also require that property owners take certain precautions to deter children from playing with the attractive nuisance when unsupervised.

Coverage is still normally available for undeveloped land that has an attractive nuisance on it. An insurance agent who specializes in vacant property liability policies can help find a policy that’ll extend coverage to any attractive nuisance that might be present.

How much does insuring undeveloped land cost?

The premiums charged insuring undeveloped land vary, with location, size of the property, any potentially risky features, and general use being some of the main factors that can impact cost. Coverage for undeveloped land tends to be substantially less than insuring properties with one or more buildings, however. 

How can property owners get vacant land insurance?

For help insuring undeveloped land that’s in New Hampshire, contact the independent insurance agents of Insurance24. Our agents will help you find vacant land insurance that’ll provide the liability protections your property requires.