Insuring remote properties

[Yonderosa]

Does anyone have recommendations for insuring remote properties?  Our insurance company pawned us off to another and the cost seems out of line.

[rocking23nf]

I know for my cabin, its around 15 mins from a town of 5000 people, and 1 hour from a city of 1 million, and the insurance was higher then my house insurance. And a big reason is fire response time.  They told me however if I remove house contents it would be quite a bit cheaper.

Anyways my city insurance is around 400$ for 1 million coverage on a house worth 300,000 plus contents.

My cabin is around 500$ for 90,000$ coverage with 10,000 for belongings. And the cabin was bought for 120,000$.

[MountainDon]

Remote property insurance will usually cost more. As mentioned fire response time is an issue as is availability of a reliable source for water.

IMO, it's unrealistic to compare the cost of insurance on our suburban home (fire hydrant within 100 feet and the full time staffed fire station 6 minutes away to our mountain property where fire fighting water needs to be tank trucked in and is at least 20 minutes away from the nearest (volunteer only) fire station.

[rwanders]

One way to lower your insurance bill is to opt for a higher deductible---it makes a surprising difference in the premium when you go from a 500 to a 2,000 or 3,000 deductible.

[MountainDon]

One way to lower your insurance bill is to opt for a higher deductible---it makes a surprising difference in the premium when you go from a 500 to a 2,000 or 3,000 deductible.

Very good point. We've slowly increased the deductible over the past 25 years; with most of the adjusting upwards within the last 10 years, and way beyond what inflation would account for. That has saved a small bundle of money over the years. Same company BTW.