04-18-2014, 02:18 AM
Actually you can insure sheds and outbuildings so it's not true. If you google it, there plenty of cabins on the mainland that are getting insurance. To me tho, I think just socking that money away in another account that you would normally pay for insurance as a backup in case your cabin burns down you'd probably have enough saved in 10-20 years to build a new one. Insurance is a scam. Just think of all the $ being saved for no mortgage and compound interest going to the banks (yet another scam).