What You Should Know about Log Home Insurance
You have found the perfect secluded spot to build your new log cabin. What you should know about log home insurance, before you begin building that dream cabin, is very important.
Can You Purchase Insurance for Your Log Home?
While most homes built in non-hazard zones are relatively easy to find homeowners insurance for, that is not always the case with the log home. Before you begin building your log home, you check around to see what insurance companies are offering log home insurance coverage. There are virtually only a handful of such companies in comparison to those that offer standard home insurance companies.
You must also remember, especially if you are doing the actual building of the log home yourself, that your materials will be sitting out in the open, usually in a secluded spot, making them prime targets for theft. Obtaining insurance to protect those materials during the building process, against theft and damage is very important. Many people will order log home kits to construct themselves. Those kits are delivered all at once and you certainly want to make sure you have proper insurance to cover those materials.
What is a Log Home Insurance Premium Based On?
While home insurance is based on the size and type of structure the home is, the premium is also based on things such as how far the home is from a fire station, and how close is the nearest hydrant. While this is a benefit insuring homes in subdivisions with adequate hydrants and fire stations within a mile or two, more often then not log homes are built in more secluded areas, so you will not benefit from those type of reductions in premiums, and may in fact have to pay even higher premiums.
If you already have a homeowner's insurance policy, talk to your agency about obtaining insurance through them for your new log home. Many companies offer discounts to customers who have been with them through the years. You may also receive a discount by having all of your insurance needs through the same company, such as your homeowners and car insurance.
Doing your homework, researching on the Internet, getting quotes from several companies, and making comparisons, you will be able to find the best insurance protection for your new log home.