Day: April 21, 2021

Why Housing Built on a Steep Slope Have Higher Insurance Premiums

Why Housing Built on a Steep Slope Have Higher Insurance Premiums

Why Housing Built on a Steep Slope Have Higher Insurance Premiums

04/21/21

“Why does housing built on a steep slope have higher insurance premiums?”

Structures built on slopes are more vulnerable to mudslides, unstable foundations, and difficulty of maintenance. For this reason, insurance companies deem them to be extra risky and charge higher rates. This is Why Housing Built on a Steep Slope Have Higher Insurance Premiums.