People love to sit around a fireplace and watch the fire as it slowly goes out. Many times families will play games or watch a movie in the glow of the fire. Fireplaces do not concern an insurance company as much as a wood burner does. A fireplace is usually set into the wall and the fire is usually sectioned off from the rest of the house. A wood burning stove is freestanding in a room, and the fire is contained within the housing of the burner.
A freestanding wood burning stove has more potential to cause a fire than does a fireplace because it has more opportunity to be disrupted and has a greater chance of a spark reaching the floor to cause fire. Some insurance companies will not even insure a home with this kind of heating device. If they do there is usually a higher charge for the added risk of fire.
Insurance companies that insure wood burning stoves will often have requirements of how the stove is to be installed and maintained on a year-to-year basis. Most of the time, the stove has to be installed by a contractor who specializes in wood burner installation. The certification and yearly inspection form then has to be sent into the insurance company to keep the policy from being canceled. The insurance company will tack on a surcharge to the premium for the added risk. So a home without a wood burning stove will usually be cheaper to insure than a home with a wood burning stove.