Vacant Property Security Essential, Say Insurers

OCT 2009

Vacant Property Security Essential, Say Insurers

Vacant property security key to reducing risk of long term financial losses

Leading insurance companies have warned the construction and property industries to take care of sites where building has been suspended or companies or tenants have vacated, to avoid damage and theft.

"If your properties and sites are not secured properly, or you cannot show that you have made every possible effort to prevent intruders breaking in then insurance companies may not honor policies and the long term financial costs could be crippling".

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