CHES Special Risk Launches Specialized Insurance Solution for Vacant Property Fire Protection

Comprehensive Coverage, Expert Support, Industry Expertise, and Broker Support as the Cornerstone

Toronto, ON (July 24, 2024) – Vacant properties often face heightened risks due to their lack of supervision, making them prime targets for criminal activities and accidents. Recognizing this critical vulnerability, CHES Special Risk provides comprehensive Fire Damage Coverage for Vacant Properties. This comprehensive coverage ensures that property owners can effectively manage risks and safeguard their investments.

Real-Life Scenarios Demonstrating the Importance of Protection:

Scenario 1:

An unoccupied building caught fire after children playing with matches accidentally ignited some nearby materials. The lack of immediate supervision allowed the fire to spread, causing significant damage before it could be contained.

Scenario 2:

Individuals seeking shelter in an unoccupied building started a fire to keep warm. The fire quickly grew out of control due to improper containment, resulting in extensive damage to the property.

These scenarios underscore the critical need for safeguarding vacant properties.

How CHES Special Risk’s Vacant Property Insurance Helps:

Protect Against Fire Damage:

The policy covers fire damage, allowing property owners to repair the building without financial strain, ensuring it remains suitable for future use.

Protect Investments:

CHES Special Risk reinforces its commitment to protecting vacant properties with comprehensive insurance solutions.

Gary Hirst, CEO and President of CHES Special Risk, stated, “Our Vacant Property Insurance ensures property owners that their valuable assets are protected from potential harm. Beyond safeguarding physical structures, our insurance provides peace of mind to property owners.”

CHES’s Vacant Property Insurance is meticulously designed to provide robust protection, ensuring that even when properties are unoccupied, they remain secure and protected.

For more information, contact CHES Special Risk.

About CHES Special Risk

CHES Special Risk Inc. was established as a Managing General Agent and Wholesale broker in 2004, in response to broker demand to a hardening marketplace, commencing with a particular specialty in the entertainment and hospitality business, later becoming a fully accredited Lloyd’s cover holder in 2009. CHES Special Risk and Sister Companies are a fully Independent MGA delivering “A” rated capacity both in the hard to place, and standard lines classes and support their retail brokers in growing and developing their businesses. For more information, visit www.chesspecialrisk.ca.

Source: CHES Special Risks Inc.

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