Can You Insure Wendy Houses And Log Homes?
There is a lot of variety in South Africa in terms of the home and buildings that people live in. Variation in living quarters and building is a result of a wide variety of things ranging from financial restrictions to personal preferences.
However, as a home is always precious to its owner, it is not surprising that people living in unconventional houses also go looking for insurance policies for their homes. The typical examples of these types of people are Wendy house and log home owners.
The traditional image that people get while imagining Wendy houses and log homes is a simple and sparse building. However, these types of homes and buildings have advanced considerably in the last few years. They can now be as expansive and extensive as a conventional home.
Thus, it is not at all surprising that Wendy houses and log home owners look to get them insured. If you have a particularly spectacular Wendy house or log home then it is likely that you are also looking for an insurance policy for it.
Unfortunately, information about insuring Wendy houses and log homes is not very common. In fact, the scarcity of this information makes many people think that there is no provision in the insurance industry for people who own Wendy houses or log homes.
However, this is not really true. While many insurance providers do not provide insurance policies for Wendy houses and log homes, there are many that do. This means that if you want to insure your Wendy house or log home, you would have to actually contact insurance providers in South Africa to individually seek quotations.
In order to understand how these policies work, you need to realise that Wendy houses and log homes are treated as specialised buildings that need special coverage. This is understandable because while Wendy houses can be made up of wood or metal, log homes tend to be made up of wood.
Both these types of raw materials are unconventional which is why insurance providers are so wary of insuring any building made up of them. This is also the reason why insurance policy providers in the country treat Wendy homes and log homes equally.
Moreover, while these types of buildings may face the same threats and risks that conventional buildings face, their construction and the materials that they are made up of may make them more susceptible to these threats.
It is also worth considering that, as Wendy houses and log homes are not normal buildings, it could be particularly difficult to assess the kind of risks they may face. If the assessment of risk is difficult then the evaluation of a potential payout can be difficult.
This pushes insurance providers to err on the side of caution while insuring Wendy houses and log homes. This means that the cost that you would have to incur to insure your Wendy house or log home would be much higher than what you would be paying for a home insurance policy for a standard or conventional home.
Apart from this, the cover that your Wendy house insurance policy or your log home insurance policy would provide would be equivalent to what a conventional home gets in SA.
Therefore, in conclusion, if you are looking for an insurance policy for your Wendy house or your log home then you should know that you can get the standard protection but at a greater price.