The vacancy of a residence constitutes a material change in risk in a policy of home insurance, and the insurance policy is voided by the failure of the insured to notify of the change in risk upon vacating the premises. The policy is void whether the policy is payable in favour of the insured, or a third party, such as a bank with a mortgage in trust in the property.
15. January 2004 0
Royal Bank of Canada v. State Farm Fire and Casualty Co.,  O.J. No. 91, Ontario Court of Appeal