12/10/2023 0 Comments FinbetYou’ll also need to obtain insurance during construction, called “course of construction” insurance. The ultimate price of your insurance premiums will depend on a host of factors (more about that later), but you’ll need to include that cost in your budget. Q: When should I start shopping for log and timber homeowners insurance?Ī: Even before you buy and build your dream home. Here are come common questions and answers to ensure you are an educated insurance shopper. Because log and timber homes are a niche market, you should shop carefully for a policy that meets your needs. Just as with the construction of a conventional home, your new log and timber home will need insurance before, during and after construction. Council members have agreed to a set of membership requirements that offer safe guards to homeowners during the buying and building process. That same kind of peace of mind comes standard when you buy from a member of the Log and Timber Homes Council. Insuring your new dream log and timber home is not only wise mortgage lenders and title companies require it to obtain a construction-permanent loan.įortunately, in the grand scheme of things, the cost of insurance is a bargain compared to what it provides - peace of mind that your home will be made new again if it is damaged or destroyed. Like death and taxes, insurance is one of the realities we deal with in modern life.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |