Thatched properties were once considered a symbol
of poverty. However, things have changed today and these thatched properties
now serve as classic showpieces of history as well as an integral part of rural lifestyle in the UK. Given the unique requirements of home insurance for
thatched properties, very few insurance providers come forward to offer
household insurance schemes for such structures.
Thatched roof structures, simple holiday homes or comfortable cottages set in an idyllic and picturesque rural setting may seem very inviting to the city dweller. However, there is a slight difficulty in obtaining an affordable insurance cover for these properties, primarily because of the inflammable nature of thatch. Contrary to common belief, thatched roofs may not really go up in flames immediately but tend to smoulder causing a different kind of damage to the underlying structure – once the fire starts to spread the destruction is extensive.
Home Insurance Costs for Thatched Properties
Inexperienced insurance providers or those who do not wish to handle additional
risks may quote exorbitantly high rates to secure thatched structures. Though
the costs may be slightly higher than house insurance
cover for standard homes, they can get reasonable depending on the insurance
provider.
Saving on Home Insurance Costs for Thatched Structures
Thatched roof structures, simple holiday homes or comfortable cottages set in an idyllic and picturesque rural setting may seem very inviting to the city dweller. However, there is a slight difficulty in obtaining an affordable insurance cover for these properties, primarily because of the inflammable nature of thatch. Contrary to common belief, thatched roofs may not really go up in flames immediately but tend to smoulder causing a different kind of damage to the underlying structure – once the fire starts to spread the destruction is extensive.
Thatched properties are, in fact, exposed to the very same risks faced by
standard homes. With quality electrical installation and safety systems in
place, fire accidents are easily preventable.
Home Insurance Costs for Thatched Properties
Why exactly is it expensive to obtain home insurance and house contents
insurance for thatched structures?
- Thatch has now become a scarce resource, given the popularity of mechanised farming. It is, therefore, costly to repair or replace damaged roofs. Further, the task also requires hiring expert craftsmen skilled in thatching roofs. This makes it expensive to hunt for and employ the services of experienced thatchers.
- The durability of a repaired or replaced thatched roof depends on the quality of a thatch used for the purpose and how well it is packed to reconstruct the structure. Local weather conditions also determine the life span of thatched roofs.
Yet another important factor that influences insurance cost is the age of the
structure. Listed properties need additional care to maintain the structure
intact and, hence, quality of material or craftsmanship cannot be compromised
for cost.
It is possible to save up on home insurance costs for thatched structures by
adopting prescribed precautionary measures that help reduce risks associated
with these properties. Some of these preventive measures are:
- Fire proofing chimneys and flues, especially if woodstoves are used in the fireplace and kitchens in thatched properties
- Regular inspection and cleaning of chimneys to ensure the safety of these structures
- Using prescribed electrical fittings and wiring to reduce the risk of electrical faults that may trigger a fire.
- Fire proofing thatched roofing with prescribed flame retardants
- Securing the empty space below the roof with a fire-resistant plank or board to prevent damage to home interiors.
- Installing fire alarm or smoke detectors within home interiors as well as vantage points on the roof to detect fires before they get visible.
In addition to implementing these safety mechanisms, having a powder fire
extinguisher handy will help to immediately douse any suspicious flare in the
structure.
Home insurance providers usually include these safety measures as a part of
their policy, making them mandatory to stake a claim. They also offer advisory
services on safety measures and help assess the value of property, risks,
rebuild costs, and accordingly decide on the cover.