Off Grid Homes Insurance – How to Ensure That the Electricity Doesn’t Go Out
Off grid homes in the United States is a term that refers to those who own homes that are self-sustaining and do not share the power source with any other community. This off the grid concept became popular in the 70’s when energy conservation became one of the top priorities of the newly formed environmental groups. At the time, many Americans chose to live off the grid in log cabins or in vacation homes that were located far from major cities. For those who were able to obtain their own land, it was a very liberating experience.
Today off grid homes are still very much in demand. There are several reasons why more people than ever before are now able to become self-sufficient and create their own sources of electricity. The most important reason is because of the advances in modern technology. In particular, the growth of solar energy and wind energy has made it possible for more rural and remote residents of the great American wilderness to have access to electricity.
When a person decides to become self-sufficient, it means that they have saved enough money to eliminate the cost of paying for commercial electricity, commercial fuel, and even local building and utility costs. These savings are then used to cover the cost of the generator. Off the grid costs refer to the cost of maintaining the generator in contrast to what it would cost to pay for commercial fuel and electrical service. If you decide to run your generator off of your own electrical supply, the off grid costs are called off grid costs.
Before you start looking for off grid homes insurance, you need to decide which type of off-grid power source will be best for your lifestyle. One of the most popular options is wood stove power. For those with access to wood stoves and an outside fireplace, they do not need to worry about the fluctuations in the price of fuel as it relates to natural gas and electricity. Because the cost of wood is lower than the cost of electricity, the savings add up quickly. However, those who rely on a propane powered fireplace may want to consider insuring their wood stove through a separate off grid policy.
There are also differences between electric and propane fueled home options. The electrical plan for off grid families usually only allows for one type of fuel source for the home. Therefore, if you choose to run your wood stove off of electricity you would be unable to use propane in the event that the electricity went out. Although, propane is cheaper than electricity, some plans only allow the use of propane for emergencies only. This is why before purchasing your off grid home insurance policy it is important to make sure that you read all the fine print of the policy.
Electricity for a propane powered home in Canada is more expensive than what it is in the United States because Canadian electricity rates are usually more expensive. In addition, because there are few companies that ship their fuel to Canada, the cost for fuel can be significantly higher. These two factors can drive the cost of a heater or an electric generator in your home much higher than they would be in the United States. Therefore, even though the cost of using a generator may be higher in Canada than it would be in the United States having an off the grid policy that allows you to use a propane powered generator would save you money and can help offset the costs associated with running your home off the grid.
It is best to research the various types of policies that you have available to you on the market before you start looking for the cheapest off grid policy to fit your needs. You will want to get quotes from several different insurance companies so that you know you are getting the most affordable policy for your specific location. While researching policies you will want to find out how the policy works and who pays out when the off-grid home emergency hits. Most off grid policies will pay for the cost of maintaining the generator and storage tanks in case the power goes out.
There are also a few other things that can drive the cost of owning an off grid house. Things such as having an excess of wood in the house, the cost of having a backup generator and storage tanks for your wood stove can all drive up the cost of living off the grid in Canada. Although you will not be able to eliminate these expenses there are ways to at least partially offset them. A good way to do this is to look into purchasing firewood and have your wood stove ship to you, this way you can make sure you always have some firewood available.