Vermont is known as the Green Mountain State because of the lush tree covered mountain range that runs down the center of the state. The abundance of trees makes parts of Vermont the perfect setting to build a log cabin home. Before you start making too many plans, here is an overview of what you might typically expect concerning Vermont insurance for your log home.
Home insurance for a log home usually costs more than insurance for the same sized traditional house. Also, there are three factors that may significantly increase your premiums:
- A free standing wood stove may have the potential to negatively affect your insurance rate so consider installing a traditional fireplace.
- Check the distance between where you would like to build and the nearest fire station. Your premiums may be lower if your log home is situated less than ten miles from a fire station.
- Your insurance company may offer you a discount if a fire hydrant is situated less than one mile from your log home.
Consider purchasing a construction insurance policy if you intend to have your log home built. This insurance usually offers coverage for materials on the job site and the value of the property while it’s under construction. Liability isn’t usually covered by a standard policy and may need to be purchased separately.
Log home kits are popular with people who want to build their home themselves and should ideally be protected by log home insurance. Enquire at your Vermont insurance agency for an insurance package that covers kit home materials from delivery to completion.
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