insurance






 

Question by  Vanasatchy (816)

Is there such a thing as land insurance?

I own a ton of land and want to insure it.

 
+5

Answer by  answerqueen (564)

what are you wanting to insure against? Someone from being injured on your land? Yes, there is insurance you can purchase for that.

 
+5

Answer by  tamarawilhite (17883)

You can only insure property against loss or damage. You can insure any buildings on the land. You can insure crops or trees (considered a crop if you harvest timber). You can also get title insurance, in case there is a possibility someone does claims you do not have full title (ownership) of the land.

 
+3

Answer by  Rubberchicken (819)

There is no such thing as land insurance. In most cases, land has little chances of loss and is expected to rise in value, reducing the need for insurance.

 
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