Re/Max Logo

Heating With Wood

With the kind of winter we’ve been having this year; more and more people are looking into having a woodstove or pellet stove installed. Here are a few things to consider:


If you are purchasing a house with a fireplace or woodstove, you can expect to have your insurance company request a WETT inspection to ensure that the appliance was installed within the manufacturer’s specifications and that the chimney is in good repair. The cost of a WETT inspection will fall on the homebuyer and will cost anywhere from $150 - $300 depending on the unit.


Insurance is concerned about good wood heat safety, and making your system safer ensures you the best possible premium for your insurance. Call your insurance representative to review your coverage and inform him or her when you make any changes. This includes adding or changing a wood stove, modifying a chimney – anything that may influence the safety of your system. Your insurance representative will want to know if your unit is certified by Underwriters' Laboratories of Canada (ULC) or the Canadian Standard Association (CSA). Many insurance companies will refuse to insure your home if the stove is not certified.


Insurance companies will want to make sure that you keep your wood burning system in top shape by having a qualified, preferably WETT certified professional clean and inspect your system each year. Not only will it keep your insurance company satisfied, it will ensure the safety of your system and your family.


Mark Carruthers is a Registered Insurance Broker with Pioneer Insurance Brokers in Kitchener, Ontario. [email protected]

Subscribe to this Blog Like on Facebook Tweet this! Share on LinkedIn

Contributors

Blog Contributor Portrait
Stephanie Catcher
43
September 9, 2020
show Stephanie's posts
Blog Contributor Portrait
Steve Catcher
6
June 9, 2014
show Steve's posts

Latest Posts

Show All Recent Posts

Archive

Tags

Everything Buyers Sellers Restaurants Business Spotlight Home Maintenance Living in Kitchener/Waterloo