Does it cost more or less to insure my log home than a frame home? Can I get builders risk insurance during construction? What factors affect my insurance for my log home other than the log walls. Can I get a discount because it is heavy timber construction? Will national insurance companies offer insurance on a log home? Find the answers to these questions and more.
Insurance for a Log Home– Video Transcription
Hi Lynn Gastineau, now we are going to talk about insurance. One of the questions we get is, “Can I get insurance on my log home?”. Well, the simple answer is yes. All major insurance companies provide coverage for log homes. You can obtain Builders Risk insurance while you are building, and you can get regular homeowners’ insurance when you are done. As a matter of fact, many insurance companies offer discounts for log homes due to their heavy timber construction and they recognize the inherent safety of a log home. Now, there is a disclaimer here. Many times, people will build their log homes in locations that are not conducive to insurance because there is not a close availability of fire protection. So sometimes people have issues with getting insurance on their log home because of where it is built. It doesn’t matter what type of construction they have; it is because of the location. That is something you should consider when deciding where to build your home. To check if it will have an impact on your insurance rates down the road.
