insuring unoccupied property - MARKETS
Today, insuring is a fundamental aspect of modern financial planning, encompassing various types of coverage from health and life insurance to property and liability insurance. Phrasal verb insure against something (Definition of insuring from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press) If you insure yourself or your property, you pay money to an insurance company so that, if you become ill or if your property is damaged or stolen, the company will pay you a sum of money. For protection against unforeseen emergencies, you insure your house, your furnishings and your car.
Understanding the Context
The word "insuring" is correct and usable in written English. It is used to talk about providing insurance or providing protection, usually with regard to financial matters. For example, "The company is insuring itself against the risk of a downturn in the economy.".