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Discussion in 'Homesteading Questions' started by Scott in Florida Panhandl, Aug 29, 2005.
Does anyone know if there are any problems obtaining homeowners insurance on a log home?
You are likely to find it costs a whole lot more to insure a log home than a conventional one. One problem is when there is damage, such as a fire, it is far more expensive to repair.
Talk to some insurance agents.
Here in Ky. we had a very hard time finding anyone to insure us. In fact we only found one company that would do so inspite of the fact our home was built to code. We had no problem when we were in Michigan so I think it depends where you live.
We pay more for the homeowners insurance on our log cabin but it wasn't a problem. We heat with wood too so the company came and checked out the stove..everything was fine
We have NO problems getting insurance, and it is not too expensive. The minimum they would insure our log cabin for, which cost us $500 to build 34 years ago -- we have added about $20,000 in stoves, materials, etc over that time -- minimum our insurance company will insure for is $230,000 for our log cabin, and $130,000 for contents.
Our cost is $950 CDN per year. We have a wood stove for heat, a wood cookstove, and a pellet stove. We are more than ten miles from a volunteer fire department, and our foundation is cemented in rocks, and we are not there 100% if the time -- insurance company knows all of that. So our rates must be high. Yet $950 seems OK to us. Oh, that includes naming our 33hp Ford diesel tractor as a separate $8,000 item.
Although I'm sure it varies State to State, you can expect to pay more for your home insurance. And you'll probably may have to make a few phone calls - many insurance companies won't touch a log cabin, period. Or won't insure it it's more than 10 years old. Add in that it's far from a fire hydrant, far from a 24-hr manned fire station, and heated with a wood burning stove, and the "risk" is too high for many insurers. Ours is thru State Farm. Certainly more pricey than when we lived in the city, but worth it!
I know that there are a couple of log home owners from FL that occasionally post -they may be able to point you in the right direction.
My sister in AL had a lot of problems getting her log house insured, but she finally found a company that would do it.
Thanks yall for the info.