If there is no lien on the property, the HOA's general liability insurance should cover any liability arising from the use of the land. If the HOA isn't formal and isn't incorporated it probably doesn't have any insurance. I would consider obtaining some. Consult the HOA's legal counsel for advice for your area.
Whatever coverage amount you wish and that the company will accept, You can obtain liability insurance on vacant land.
It is not so much a question of whether you need insurance on vacant land, as it is whether or not an insurance company will insurer vacant land. Most property and casualty companies will not, That said, if you are growing a crop on it, and you therefore have something to lose (an "insurable interest"), there may be insurance available to cover some causes of loss.
Homeowners insurance does not cover land. It covers the insured structures located on the land.
Coverage for truly vacant land is automatically extended from most homeowners policies at no additional cost. The catch is that vacant land is considered land free from any man made structures and activities, which would include fences etc.
Abandoned land is land that is owned by someone that they stop maintaining. Vacant land does not have any structures built on it..
A standard homeowner's policy covers liability claims arising out of any vacant land owned by and insured.For coverage to apply, the land must be truly vacant, not used for farming, no structures, etc.
Liability coverage is offered for vacant land, but most insurance policies specifically exclude land value, or the reconstruction of land following a sinkhole collapse or earth movement.
When the land is owned by a Trust
Because they needed land
Because they needed land
Farm Liability is often a Farm Comprehensive Personal Liability coverage form and generally covers the land on which you farm as well as the products which you produce as a farmer. It covers the personal liability for the insured(s) as well as the farm exposures. There is some off-farm property coverage often written on a Farm Package. Vacant Land General Liability provides protection for the undeveloped vacant property. The definition of vacant property / vacant land is an important item to review in the coverage form. If it's to be undeveloped land and a the insured is putting a road in and / or developing the site, one might need a different class code.
49451. Vacant land. Rural including products and/or completed operations