HAVE OWNED 4 houses—some with acreage.
HAVE NEVER SEEN ANY COVERAGE FOR “LAND” ONLY STRUCTURES.
AND LIABILITY
I understand that insurance is only for the things on land and not the land itself. But an insurance agent often lets you think, “I bought my house for $800,000. So I need insurance for that. But if your land is worth $400,000. Then you can get a high deductible or a cap of $400,000 or some combination that would allow you to demo your house sell the land and use the proceeds with the insurance to buy a replacement home. Getting replacement insurance is over insuring your house. Unless your home is brand new and your land is not that expensive. Also, if they rebuild you need to live somewhere else for at least two years. Better to just move somewhere else and let the land go in most cases.