Typically, an empty plot of land you own won't require its own separate insurance coverage, but you may want to check out your options with your insurer first for peace of mind. For example, if someone was to injure themselves on your vacant property and bring legal action against you, you'd want to ensure your policy provides liability coverage in order to be properly protected. Keep in mind that vacant land insurance and vacant home insurance are two separate coverage needs. Speak to your insurer to determine your best options.
At TD, we're here to help you figure out the best solution for your home insurance needs. If you're already an existing TD Insurance customer, you can chat with us or review and update your policy by logging in to MyInsurance. If you're new to TD Insurance and you're looking for a home insurance policy that fits your needs, simply start with a quote to explore your options.