In a dwelling policy, what refers to a property that has no inhabitants?

In the context of a dwelling policy, the term that accurately refers to a property that has no inhabitants is "Vacant property." A vacant property is one that is not only uninhabited but also generally lacks personal property; it is devoid of both residents and the contents that might typically be found in a household.

It's essential to differentiate between "vacant" and "unoccupied." An unoccupied property may still have personal belongings inside and could be temporarily without occupants (such as during a family trip), but it is not the same as vacant. Vacant properties often face increased risks concerning insurance, as they can be more susceptible to vandalism or damage without people present to maintain or monitor the property.

Understanding these terms is crucial in insurance because they can significantly affect coverage options and claims in the event of damage or loss.