What to know when purchasing a seasonal home
- Susan Xiong
- Mar 26
- 1 min read
Seasonal home insurance premiums will be higher than a typical home due to the protection class of the home. The responding fire department may be further away from the home with a lesser capacity than a fire department in the city. Also, there might not be a water source like fire hydrants and the fire department may be volunteer only.
What is the primary source of heat in the home? Is there a woodstove in the home and is it the primary source of heat? This could affect eligibility with insurance companies who may consider this a higher risk for a fire claim.
How old is the roof? Depending on the age and type of roof some insurance companies may only offer actual cash value instead of replacement cost if there was a covered loss on the roof.
Any trees overhanging the roof of the home?
Will you be using this home for a short-term rental when not in use?
Is it a log home?
How old is the plumbing and electricity?
Is there an alarm system?
Will you have any recreational vehicles or watercraft kept at the seasonal home?
Will anyone else own the home with you?