Insuring your fixer upper
A few things to consider when buying an old house

What’s not to love about an older home? Not only does it come with a sense of history, it also has its own unique and quirky charm.

Here are a few of things you should keep an eye out for as they could impact your insurance premium.


  • Heating. If your fixer upper comes with a wood-burning stove, make sure it’s been properly installed and maintained.


  • Wiring. Many houses that were built before 1950 have knob and tube wiring. Why is this an issue? For one thing, there’s no ground wire. Plus, because of their age and the way the wires are configured, it could be a fire risk.


  • Roof. Hopefully your vintage home doesn’t come with its original roof! Ideally, it should be less than 15 years old.


  • Plumbing. Homes that are more than 65 years old may have galvanized pipes that rust from the inside out. Besides lousy water pressure, you could also end up with leaks or burst pipes.

Oil tanks

  • Oil tanks. You want an oil tank that’s no more than 15 years old (less prone to rusting and leakage) and that’s located above ground. Unfortunately, if there’s more than one oil tank on the property, you won’t be able to get home insurance

Finally, if you’re looking to invest in a fixer upper home, be sure to enlist the help of a qualified home inspector so you know exactly what you’re buying.

Old or new, your home needs insurance. Check out our coverage and get a quote!