This usually results in the claim reps getting involved and the insurance carrier incurring a good amount of cost to discover if the claim is legitimate or not.Medical payments is meant for a low cost way to handle small claims.Hope that helps.

More often than not we write a policy for a year to reestablish coverage history then rewrite to a better carrier. 

What amount of coverage that minimum threshold needs to be is dependent on the insurance carrier you use. 

If you were somehow able to keep the rates your wife's grandmother had, those might have been tough to beat.3)  The coverage and deductible you choose should be determined by how much risk you want keep and how much you want to pass on to the insurance carrier. 

Similarly, some carriers insuring vacants will only insure the Actual Cash Value (rebuilding cost less depreciation).

You can try and lease your land to a wireless phone carrier for them to put a cell tower up.  

. - If something went awry with that payoff, it's on the title insurance carrier to make it right one way or another.

IF THE DAMAGE HAS BEEN DISCLOSED VIA FILING A CLAIM WITH THE SELLER'S INSURANCE CARRIER, PERFECT. 

This is why we spring for American Standard/Trane/Bryant/Carrier in even our cheapest long-term buy-and-hold properties.

@Steven James it’s legit; most carriers won’t insure a vacant property.