Can You Get Homeowners Insurance on a Barndominium?

The number of barndominium constructions are continuing to rise in rural areas around this nation.

However, as these new innovative living spaces become more prevalent, prospective homeowners are asking all types of different questions.

The most common question is: can you get homeowners insurance on a barndominium?

Fortunately, for people who really have an interest in going forward with buying or building this type of structure, the answer to this question is yes.

However, there are at least one or more caveats that people need to know about prior to making their final decision to invest.

More importantly, buyers need to know the terms of these coverages, particularly as they relate to the primary differences in traditional home insurance policies.

Simply put, you need to know what you are getting in these policies, and what may be left out of the terms.

The Truth: Are Barndominiums Eligible For Insurance?

Because not all barndominiums are the same, the eligibility requirements for buying insurance on certain properties can also differ accordingly.

Therefore, when you are doing your research, you need to take into account the perceived risks that are inherent in these construction types, and the varying costs of insurance premiums.

For example, here are some of the top key factors that will directly affect eligibility.

Are Barndominiums Eligible For Insurance

  • The details outlined layouts in barndominium constructions
  • The style and purpose of these structures
  • The location of the barndominium, as it relates to the distances between other buildings in that particular neighborhood
  • Safety and security systems in place

Can You Get Homeowners Insurance On A Barndominium?

You should also know that each insurance provider has their own rules, guidelines and laws that they adhere to.

So, based on these regulations, your Barndominium purposes may or may not make you eligible for some state’s insurance terms and coverages.

For instance, when you do your research, here is some of the basic information that is available online that addresses this topic.

Can You Get Homeowners Insurance On A Barndominium

  • Eligibility determinations are based on the purpose for which these structures are being used
  • Insurance premiums are determined by several different factors, including the ratios of living space, storage space, workspace and so on and so forth.
  • Some insurance companies will not cover barndo constructions if they are made of metal sidings.
  • Insurance agents use the assessment of ratios to determine eligibility requirements and premium rates.

Types Of Barndominium Insurance You can Avail

There are at least 2 types of barndominium insurance that you may want to look into for its amenities and financial worth, actual value and extended value.

And, it is very important to understand the differences between the two before you choose one type of insurance over the other.

This is especially true if you are looking to save on the cost of your monthly insurance premiums. So, let’s get started by discussing the primary benefits of each.

Types Of Barndominium Insurance

Actual Value

In general, actual value insurance is considered to be the least costly insurance coverage. In many cases, if the people in these barndo living spaces are not expected to reside in their barndominium long, this type of insurance may suit their needs perfectly.

This is mainly because this type of insurance coverage is designed to cover the cost of the home and all belongings before any damage has incurred.

Therefore, the owners of this barndo must provide an estimate of these costs to their insurance providers at the time of the policy start date.

Extended Value

On the other hand, if the barndominium owners are expecting to live in their places for the long haul, they may prefer to buy the extended value insurance coverage.

The extended value insurance coverage is considered to be more comprehensive, and will encompass other essential extras.

For instance, if the bardonomium is involved in any type of fire or water damage, this type of insurance policy will not only cover the estimated value of the home and belongings, but also the cost of the repairs to rebuild.

Also, even though the cost of these policies are more expensive, this type of insurance coverage helps people to get back to normal in less time and less out of pocket financial burdens.

Have A LookCan You Build a Barndominium with A Construction Loan?

Getting Your Barndominium Insured? Know These First

As you can see, there are a lot of factors that need to be considered when you are looking for insurance coverage for your barndominium.

And, there is quite a bit of information available online that addresses a variety of different situations and circumstances.

Therefore, when you are looking around, here are a few tips that you can use to find the right coverages for your needs.

  • Find a insurance provider that covers Barndominium homeowners insurance in your state
  • Look for an Insurance Type that meets your present and future needs
  1. Actual Value
  1. Extended Value
  • Look for affordable monthly Insurance Premiums
  • Look for policies that cover personal injuries, medical bills, temporary disability, and etc.
  • Choose insurance a policy that covers exterior and interior damages (i.e. structure and the contents of the barndo)


Can you get homeowners insurance on a barndominium? As you can see, the answer to this question is yes. However, these insurance coverages usually vary based on a number of essential factors.

Identifying an insurance provider that will cover the structure and contents in these living spaces? Or finding an affordable insurance solution in your state and neighborhood?

You need to do a thorough review of your situation before you choose an insurance provider.

James HallBarndominiums Advisor

I'm James, your barndominiums advisor. Several years ago, I had no idea what barndominiums were. Although I'd spent over 10 years in the construction industry, the first time I heard about barndominiums was when I saw my neighbor building a new-style home. That was the first barndominium I've ever seen, and I found it so fascinating that I wanted to learn more about them.

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