Island Property Insurance

[codeman671]

That sounds ridiculous. We pay $750 a year on ours and have an estimated replacement cost of $330k, and that is on a log home which is usually more expensive than stick built.

We did find that a few insurers wanted to put enough coverage on it to cover the land value as well, rather silly being that even if the house burns down the land still remains. Our bank certainly did not require this.