Aldeer.com Forums Alabama Deer Talk Aldeer General Forum Insuring a cabin on leased land?

The agent i have used is having trouble finding a policy to insure a cabin on land im leasing. I can easily do a renters insurance policy on it but thats only going to cover contents. Anyone here have a building on a lease that you were able to get insured?

Is it a movable / mobile cabin or permanently attached to the property? I assume movable and is yours, if so wouldn't it be insured like a mobile home? If it's an attached , site build building , it belongs to the land owner and is his to insure .

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I’d get it insured as soon as possible because he will burn it down.

You on the lease or member of a club created by the ones on the lease? (If this applies)

Did the cabin start as a take apart with eventual mobility in mind or is it now being taxed ?

My family has had property on the Warrior in 2 separate camps, where the club owns the property and we own the structure, so that's not uncommon. I've had it insured by several places, so I just don't think it's that big a hurdle. Don't we have an insurance guy as a sponsor? Brandon? Rux Carter Insurance out of Columbiana has mine right now.
I'm guessing that for a cabin in the woods, distance from water mains, quality and distance of fire department, lack of a constant presence on site, potential for malicious activity, etc, the bill is going to be high for what you get, compared to a house in town, and your agent is just trying to get out of it.

If it's a site built cabin , attached to the land , what happens if the property sells? You get a house mover to move the cabin ? You let the cabin go with the property and hope the new owner pays you for it? How does the legal document language handle it?

Who’s going to burn it down?

Why would you insure someone else’s building? There is a hay barn and a cabin on my lease. I’m only required to have the usual liability insurance. There is a line in the lease that addresses the those structures with regard to “not damage any existing fences, roads, trees, or structures (hay barn and cabin) on the property.”

We have several buildings on our lease. All site built. We are aware we don’t own them. They belong to land owner. You cannot insure it like it’s your own. It’s not on your property

They are bought and sold with bills of sale. They are not real estate. We own the houses, and club membership gives us use of the sites. I told my accountant about this 20 years ago, thinking she'd never heard of anything like that. Her reply was that "Half the camps on Mobile Bay are under that type of ownership." For that matter a lot of river/lake camps are on Drummond/USS/APCO leases. You are insuring the building. The land ownership has no effect on it.

The major effect of the club model is that the club rules forbid mortgages. All sales are cash, which tends to suppress values. In the real world most people take out a HELOC.

Like low wall said its pretty common on the rivers and some private lakes to build homes on leased lots.
You insure mobile homes in mobile home parks where you dont own the land.
This cabin could be moved and doesnt have a foundation like a house does.
I had a similar structure on land not my own insured a few years back. Tornado damaged it, insurance paid for that. This was with same agent but now he says cant get another policy like that.
I've talked to a few people with the least river lights and they gave me a couple of contacts that I'm going to try. They said they had no problem getting insurance on the leased lots.

What if the land sells and the new owner wants no part of the cabins?

These are both 90-100 year old clubs specifically organized as lakefront "camps". I'm an owner. I guess eventually a developer might attempt to buy us out, but he would have to offer enough to make it worth our while to sell - both the overall acreage and the houses. Although the structures mostly started as cabins, fire, time, and changes of ownership have turned some of them into very nice houses.
On the original question about insurance, the insurance company doesn't much care who owns the land. They are insuring the structure and the contents. The land will survive most insurance claims - fire, theft, lightning, tornado, est.

You can insure anything as long as you have an insurable interest.

Sent you a PM. I may have a market through another hunting program. PM me more information in reply if you’re still having problems finding coverage