Thinking about making a move into a tiny house but not sure where to start? Is it even possible to protect your investment with tiny house insurance? Read on for tiny house insurance specific information.
What makes a house a tiny house?
Generally speaking, tiny houses are considered to be 400 square feet and under. However, some tiny houses can run as small as only 80 square feet! And a house in the 400 to 1,000 square foot range is considered to be a “small house” as opposed to a “tiny house.”
Why are people CHOOSING to live in tiny homes?
There are a countless number of reasons why people are choosing to live tiny. From the eco-conscious person looking to lessen the impact of their carbon footprint, to people who desire mortgage-free homeownership, the reasons for going tiny are as varied as the dwellings themselves.
Tiny House Insurance
For the standard tenant policy form, getting insurance for a tiny house may be problematic because the insurance form just doesn’t contemplate such a thing. Standard policies don’t provide coverage for structures that aren’t built to building code, and many tiny homes fall into this category–specifically if you build one yourself. This goes for a house on wheels, homes without a permanent foundation, or other alternative living structures, such as a yurt.
If you are renting a tiny space, as opposed to owning a tiny home, a standard renters insurance policy may be all you need. Renters insurance can cover a myriad of spaces you rent, including micro-apartments, tiny apartments, and other rental dwellings.
You will probably need a specialty product or specialty carrier for anything more alternative than a tiny house. Often tiny houses are parked on a big piece of land, which opens substantial liability exposure. If you do get tiny house insurance, you should consider an umbrella policy to cover liability–for example, if someone hiking on your land falls in a hole and sues you.
If you have a home on wheels that you are looking to get tiny house insurance for, it may be possible to obtain coverage under RV and travel trailer insurance. Contact Effective Coverage to see if we offer this kind of coverage in your state.
What questions do you have about tiny house insurance? Call one of our insurance experts at (800)892-4308 or click to get covered - whether you need renters insurance quotes online or coverage anywhere else!
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