Insurance For A Log Siding Home
Building a log home with pine wood log siding creates an authentic American icon. You get the full log look without the full log price, and that is a welcoming thought! We all want to save money building our dream log home and protecting our investment. The way to safeguard your log home is with adequate homeowner’s insurance.
Insuring a full log home can cost more than one made with wood log siding. The construction differs between the two styles and this is a significant factor. A full log home carries more maintenance and structural issues. You can avoid them by building with pine log siding.
How Log Siding Homes Are Built
Log siding is milled by removing the center of pine logs after the limbs and bark have been removed. The two outside pieces are “D” shaped and used for the siding. It is secured to conventional wall framing with galvanized screws on the exterior and interior of a home.
Pine log siding is the most affordable wood compared to cedar, oak, or cypress. The best is made with a tongue and groove/end-matching design. The sides and ends fit firmly together to create a tight seal that is weatherproof. Some joints require caulking that further seals any gaps to prevent air leaks. Four styles or profiles of log siding are available that include:
- Quarter Log in 2”x 6 ” and 2”x 8” sizes
- Half Log in 3”x 6” and 3”x 8” sizes
- Premier D Log in 3”x 8” and 3” x 10” sizes
- Hand-hewn is available in all three profiles
The log siding is installed on both the exterior and interior walls with corresponding log corners and log trim.
Factors That Determine Log Siding Home Insurance Costs
Homeowners living full-time in their dwellings typically purchase a homeowner’s HO-3 or HO-5 policy that provides the best overall coverage. The factors you should know about that determine insurance prices include (some may surprise you):
- The location of your home
- The material used in its construction
- The condition of the home
- The replacement cost of the home
- Your policy deductible
- Distance from a fire hydrant
- The condition of your roof
- Your claims’ history
- The age of your home
- Your credit history
- Home safety and protective devices
- Marital status
- Swimming pools or trampolines
- Your dog’s breed
Two other factors that determine your premiums include bundling this insurance with other plans like auto insurance and the company you select. Wood siding homes may or may not cost more than vinyl, stucco, or steel siding. You should get quotes from three or more companies to find the best plan for your situation.
Building a log home with pine wood log siding creates an authentic American icon. You get the full log look without the full log price.”
Choosing A Company For Log Siding Home Insurance
You should take the time to choose the best insurance company for your situation. Do your research before you build or buy a log siding home. Choosing the right company and policy can prevent financial ruin in case a strong disaster hits. Their rates and service are very important but there are other factors to consider. Look for a company that:
- Provides the coverage in your area that you need
- Has competitive rates and good policy discounts
- Has a strong financial strength and claims payment rating
- Gets great reviews from reliable sources
- Provides 24/7 assistance and support
- Has an agent you can communicate well with
Don’t make the mistake of focusing on price instead of coverage or quality that many people make. You must understand the type of policy you are buying, what it covers, and what it does not cover. Take out a plan that will replace or rebuild your log home and any outbuildings such as a garage, workshop, or shed as well as your home’s contents.
Choosing An Insurance Agent
Not every agent is familiar with insurance that covers wood siding homes, like log siding. In your search for a good agent, find one who will say more than “the underwriters will decide if we can insure your home.” Here are some useful tips for locating a knowledgeable agent:
- A local agent is more familiar with the risks you face in your area
- Choose an agent with whom you can communicate well
- Find an agent who takes a personal and serious interest in your needs
- Check their reviews and read the customer comments
- A local agent will act as a personal adviser
Homeowners insurance can be complicated, and you need an agent and company that can simplify it. Choose an agent who can meet your needs and find affordable coverage for your situation and your log home.