Most homeowners insurance companies have the "other structures" coverage. It applies to structures that are not attached to your home. This policy covers the gazebos, fence, sheds, and detached garages. It is a coverage that protects those aligned to your home. If you have a lot of coverage in your house, you may have more on your fence.
A lot of insurance policies cover fence damage. It may be up to a specific amount of the complete coverage of the policy. Lots of companies include "other structures" up to around 10% of the total coverage. Therefore, if you have a home coverage amounting to $150,000, your fence will have a cap of $15,000 under the coverage for "other structures."
The company may not treat all types of damage. Your home may not have coverage for certain factors if you don't pick the right coverage. Outdoor structures may not be under cover. Termites, mold, earthquakes, and floods may damage your home so check if your policy covers them.
When will home insurance cover damage to a fence?
It is possible that the insurance company will not cover a tree that falls on the wall. It should be the owner's responsibility to maintain their trees on their lot. Trees that are of poor health may damage your property.
Regardless of the state of the tree, if a neighbor's tree falls on your fence, your insurance will cover you. Your neighbor will be accountable for the damages. Inform your neighbors when they have weak trees that are prone to breaking. It can help save you and your neighbor from a lot of trouble.
Another person’s car hits your fence.
This accident should be due to the fault of the other person. Your homeowner's insurance should cover this. You may also file a claim on the driver's property damage car insurance. Filing it on your insurance may cause your rates to increase so if you don’t need the fence to be fixed immediately it may be better to wait and go through the other person’s car insurance.
Natural disasters are common occurrence in more places than others so it would be best if you invest in a home insurance policy that will cover these damages. Prepare yourself for damages to wildlife and natural disasters. It can help anyone save a lot of money.
Only you can decide how to repair the fence and the cost to do so may vary considerably depending on the type of fence. If the costs to repair your fence are something that you’re not able to afford should something really bad happen talk to your agency and make sure you have the coverage you need.
At Western Pacific Insurance we take pride in making sure our clients, their homes and their fences are well protected at prices that won’t break the bank. To learn more about how we can help you with your property insurance, please contact our agency at (702) 932-3105 or Click Here to request a free quote.