Purchasing Land Insurance for Vacant Land

Vacant Land If you own property that is vacant and undeveloped, you may be left open to unnecessary risks and liability. In order to protect yourself and your investment, you should purchase vacant land insurance. The American Hunting Lease Association has created this guide to vacant land insurance in order to make your shopping experience easy and quick. The Basics You are not required by law to purchase land insurance; but this coverage can be a lifesaver if you are found liable of an injury due to guests or trespassers on your land. If you do not yet own your property fully, your financer may request you purchase vacant land insurance. Or if your property has existing structures (barns, sheds nonresidential structures), The American Hunting [...]

2021-01-11T18:40:57+00:00February 19th, 2020|Vacant Land|

Do I Need Insurance on Vacant Land?

If you own property you have probably had the thought before – “what happens if someone gets injured on my land?” It doesn’t matter if the guest was invited or a trespasser, if they are injured on your property and they decide to sue, you could, in the very least, be forced to pay exorbitant legal fees. Worse even, if you are found liable by the courts, you could be forced to pay for medical expenses as well! This might all sound silly to you, especially in the case of trespassers as they have no right to your property, but as a landowner, you have the responsibility of keeping a reasonable level of safety and maintenance to your property. That means clearing established [...]

2020-04-20T17:32:55+00:00February 3rd, 2020|Vacant Land|

Vacant Land Insurance: Protecting Yourself and Your Investments

You can do your best to make your property as safe as possible, but dangers can arise in an instant on vacant timberland. That’s why you need to protect yourself and your investments from expensive lawsuits with Vacant Land Liability Insurance. While most insurance policies will cover a landowner from liability against a Licensee or an Invitee, very few policies will cover a landowner against Trespassers. Timberland liability insurance differs from other types of liability insurance in several ways including coverages and protections against lawsuits from an individual trespassing on your property. Yes, even if a person enters your property uninvited, you may still be liable if they are injured while on your land. There are two notable examples of when a landowner [...]

2020-05-01T14:49:37+00:00January 21st, 2020|Vacant Land|

Landowner Liability Concerns

Whether you are a bird watcher, a forester, a conservationist or hunter, the dream of owning your own piece of ground for recreation can be the realization of a life spent working and saving so that one day you could be called a landowner.  The joy and satisfaction you receive from spending time with family and friends on your land are is nearly immeasurable and the monetary return on your investment will only serve to validate your decision to own land. However, with ownership also comes varying levels of responsibility and a duty to those you invite (and even some you didn’t invite) to hunt or recreate on your property. As a landowner you may invite family, friends or even employees to an event [...]

2020-05-01T15:28:48+00:00January 17th, 2020|Vacant Land|