Will A Pellet Stove Increase Homeowners Insurance?

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   David G. Pipes, CLU®, RICP®

   Business Development Officer, T.D. McNeil Insurance Services, Fresno, California

   Wood burning devices are a concern to the underwriter for a homeowner’s policy because they have an open flame inside the house.  Insurance companies rarely change their rate based upon an increased exposure.  Instead they are more likely to not accept the risk at all.  A pellet stove is probably the least dangerous wood burning device.  Many companies will issue a standard homeowner’s policy on a home with pellet stove.

   Answered on May 9, 2014

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