Yes, there is – as an unoccupied building means no rent coming in. For example, if you need to renovate, redecorate or knock a wall through, your property might need to be empty for a while. As with residential properties, if your property is vacant for more than 30 days it may well be classed as unoccupied, which might mean you’re not covered.
In this situation, one option is to buy unoccupied property insurance. This insurance type can give you short-term cover for about 60 days.