How is 'vacancy' defined in insurance terminology?

In insurance terminology, 'vacancy' is primarily defined as the absence of both people and property from a premise. This means that the property is not only unoccupied but also devoid of personal belongings, which can significantly influence insurance coverage and claims. Insurers often have specific policies regarding vacant properties, as these properties may be at a higher risk for various issues such as vandalism or deterioration.

The other definitions do not capture the full essence of vacancy in insurance terms. For instance, the absence of any signs of previous occupants might not indicate that the property is truly vacant, as it doesn't necessarily address the presence or absence of personal property. Similarly, just the lack of furniture does not mean that a property is completely vacant; there could still be occupants or other belongings in the home. An emergency state without notifications does not align with the insurance definition of vacancy, as it focuses more on a specific circumstance rather than the general status of the property being unoccupied and devoid of personal property.