Are log homes more expensive to insure?
Also know, does it cost more to insure a log home?
Log Home Insurance Is More Expensive log homes are more expensive to insure for a number of reasons. It's a fact, log home insurance is typically 20% more than insurance for the same size non-log home. Worse yet, many insurance companies charging a 25% to 50% surcharge for a log home.
One may also ask, what are the problems with log homes? The most common log home problems are:
- Avoid planting bushes or plants close to walls. Plants and bushes naturally attract moisture and if to close to log walls, will cause moisture damage.
- Divert rain using gutters, overhangs, and trenches.
- Maintain your log home's sealing.
- Protect from ground moisture.
Similarly, it is asked, what insurance companies cover log homes?
Some of the largest nationwide companies do offer policies for log and timber homes, such as State Farm, Met Life, Merrill Lynch, Allied, Farmers, USAA, etc. Other insurance companies may not offer coverage to log and timber homes.
How much does it cost to replace logs on a log home?
The costs attached to restoring a log home vary depending on the extent of work necessary, the size of the home, and other circumstances. Based on national estimates, the cost of renovating a log home may range from about $15,000 to upward of $100,000. The process can also be a lengthy one.