Home Insurance Wood Stoves: Many insurance companies no longer cover Michigan homes that have wood stoves. We understand that people use them to save money and because this kind of heat fits their lifestyle. As long as wood stoves are properly installed and maintained, properly inspected and UL approved, we will insure homes that have them. Premium costs are adjusted accordingly for homes that use wood stoves, corn burners, outside wood and pellet stoves, and similar heating appliances. For more information about wood stoves or alternative home heating, please visit www.h2oasisinc.com.