Do You Need Insurance on Vacant Land? Let's Find Out
It's a common question for new owners: do you need insurance on vacant land, or can you just let it sit there and wait for the right time to build? Most people assume that because there isn't a house, a garage, or even a shed on the property, there's nothing to protect. After all, you can't exactly "burn down" a field of grass. But the reality of owning land is a little more complicated than that, and it usually involves a lot more legal risk than most folks realize. ...