Why Is Thatched Roof Insurance More Expensive?
With an estimated 60,000 homes across the UK having thatched roofs, there are enough of these types of homes to still be considered unique, however there are common problems associated with having a thatched roof on your property.
One of the biggest factors you might consider when looking to purchase a home with a thatched roof is your thatched roof house insurance. It’s common knowledge that premiums for thatch insurance can be at a higher price point than those for other types of homes – but why is that? What is it about thatched roofs that hike up your insurance quotes?
In this article, we’re exploring a few reasons why thatched roof insurance can be more expensive. If you’re looking for thatched property insurance quotes, find out why you should use a thatch insurance specialist here.
Unique Risks
One of the key reasons that thatched roof insurance is generally more expensive than other types of home insurance is because of the unique risks that these roofs present. Some of these risks include:
- Increased risk of fire damage
- Requiring frequent maintenance
- More expensive to build and maintain than regular roofs, especially if damaged
Take a look at our blog on how much it costs to insure a thatched roof for more details.
Specialist Requirements
You’re probably wondering why, if there are so many risks attached to having a thatched roof that pushes up the cost of thatch insurance, why would anyone choose to purchase one?
There are plenty of reasons that many choose homes with thatched roofs, despite the chance at higher premiums, including:
- Provide fantastic insulation
- Environmentally friendly
- Often a feature of unique or listed properties
- Adds to a property’s value
Not to mention aesthetic preferences, and finding the perfect home in every other sense that just happens to have a thatched roof!
It’s not all gloom and doom, either. There are also a few ways that you can help reduce your thatched roof insurance premiums, even with the risks attached:
- Increasing fire safety features across the home, such as using fire retardant sprays or installing aluminium foil barriers
- Regular cleaning and maintenance of any chimneys
- Having multiple fire alarms around the home and ensuring they are well maintained and always working correctly
- Having your electrics all up to date and regularly services
- Finding a specialist thatched roof insurance broker, like Higos
Specialist Insurance Providers
At Higos, we don’t shy away from cover that doesn’t fit the norm, or cover that requires a specialist touch. In fact, that’s what we’re here for. Thatched roof insurance is considered a specialist insurance, and homes with thatched roofs cannot be covered by regular home insurance. That’s why our team of experts are on hand to help find the best thatched property insurance quotes for your needs. Your home is unique, and your cover should be too.
Get in touch with our specialist team on 01458 675522 to get your bespoke thatched property insurance quote, or take a look at our thatch insurance FAQs for more information on our cover and how it works.