Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Compare historic home insurance
Preserving a part of history could mean extended dwelling coverage.
Possibly the most important home insurance factors for historic buildings are the ability to cover the cost to replace losses and repair damages. This means you’ll likely want coverage that guarantees your home’s unique construction can be restored.
Consider options like agreed value coverage, valuables protection and building code upgrades for the best protection possible. But wide coverage does come at an extra cost.
What coverage should I get for a historic home?
Your historical home needs dwelling and liability protection like any other nest, but consider a few extras for upgrades and authentic restoration. Coverage includes:
- Guaranteed or agreed value replacement. After getting a value estimate, guarantee your home’s replacement at today’s cost or agree to the value your insurance will pay.
- Dwelling and other structures. Protect your cherished place of history from wind, hail and other damage it may be susceptible to. Also, consider extended coverage for detached buildings since their repairs can exceed standard policy limits.
- Building code, service line or energy-efficient upgrades. Consider these options to update areas of your home when they’re damaged by a covered incident.
- Equipment breakdown. Add this coverage if you use the old appliances in your home regularly.
- Personal property. Insure both modern and aged belongings against theft or covered physical damage.
- Water backups. Repair your old pipes and sewer systems if they spring a leak, overflow or get backed up.
- Flood. Ensure you have separate insurance to cover flooding from storms.
- Personal liability. Cover yourself for injuries or property damage that happens around your home as you would with any other home.
- Valuables. Protect your antiques, fine art or expensive jewelry with extended coverage without worrying about a deductible on most policies.
How much is historic home insurance?
Home insurance for a historic home can cost around 20% higher than standard home insurance. For example, if a standard policy costs $1,200 a year, you might pay $1,440 to insure a historic home.
Top 4 ways to get cheap historic home insurance
The best way to lower insurance costs for a historic home is to repair and reinforce areas that increase its risk of damage, which is why it tops our list of ways to cut historic home insurance costs.
- Make repairs within your budget. Improve safety by replacing windows or repairing sections of the house. Major items like roof repairs and electrical wiring will have the biggest effect on your insurance.
- Find a specialty insurance company. Some standard companies that cover historic homes charge much higher prices to offset the risk. However, specialized companies are more familiar with those risks and replacement costs.
- Install monitored fire and theft alarms. You could qualify for discounts by installing safety features like monitored security alarms. Plus, you’ll get a quick response from the local police or fire department.
- Seek out home restoration projects. Your local community might offer grants or loans to help pay for home repairs, increasing safety and lowering your premium.
What should I watch out for?
Keeping your iconic home true to its time may involve extra care or steps. Consider these factors when insuring your historical space:
- Your insurance company will probably require a walk-in inspection.
- You may need major updates to qualify for insurance, like new wiring.
- Make sure your insurance allows specialized contractors or materials to restore unique parts of your home.
- You may need to protect rare items like hand-painted windows under valuables coverage.
Compare home insurance providers
Your antique home needs extra TLC when making repairs or replacements, and extra insurance coverage like building code upgrades can help. Even if you go without some options, consider agreed value or guaranteed replacement cost to make sure your home is protected at its true replacement value.
Before making your purchase, compare home insurance companies that offer the best mix of affordable coverage and benefits to fit your needs.
Frequently asked questions about historic home insurance
More guides on Finder
Compare tuition insurance
If your child gets sick or injured and has to take time away from college, tuition insurance can reimburse you for what you already paid.
Do I qualify for unemployment?
Get the financial help you need as you search for a new job.
Carpet cleaning services
Looking for a professional carpet cleaning service to remove stains and revive your carpet? Read our guide and learn how to find a reliable service.
Rug cleaning services
Find a professional that can sanitize your rugs and eliminate dirt, dust and allergens. Learn what rugs you should steam clean, dry clean and handwash.
Workers’ compensation vs. life insurance
These coverage options serve different functions but have one benefit in common.
Mortgage life insurance vs. term life insurance
Mortgage life insurance may be a good fit for people with serious health conditions, otherwise term life insurance offers more value and flexibility.
How to take the life insurance exam blood test
Learn what to expect from the blood test portion of your paramedical exam.
How to get life insurance as a freelancer
As a freelancer you may have unpredictable cashflow, but you can still find income protection with term life insurance.
Asbestos and home insurance
Learn when your home insurance policy would and wouldn’t pay to remove this building material.
What cars are made in America?
Check out the top 50 American car models, and find out what makes them American.
Ask an Expert