Vacant property insurance can be hard to come by since many companies do not offer it. However, vacant home insurance is essential to have if you own an unoccupied property but do not live in it. Imagine there was a fire at an empty home; no one would notice until the neighbors smelled smoke or saw flames, and by then, the damage could be irreparable. Several companies offer this type of insurance against things like vandalism, burglary, fire, wind, hail, and damage.