You might wonder if your home insurance coverage also reaches your fences. Your coverage must cover as many places around your home as possible. It is also essential that you are aware of these things.
Does Home Insurance Cover Fences?
Your home insurance will most likely pay for the damage to your fence if a covered causes it. Such events include storms, fires, and vandalism. Wear and tear or a lack of maintenance, on the other hand, are unlikely to receive coverage.
What Could Damage Your Fence?
Factors like weather, accidents, vandalism, and normal wear and tear can cause damage. Here are a couple of such examples:
- Hail or lightning storms
- A fire on your land or a neighbor’s property
- Vandalism
- Wood decay, termite infestation, corrosion, and general wear and tear
However, note that your insurance would not cover all options here.
How Much Fence Damage Receives Coverage?
Companies usually categorize fences as other structures. Hence, they insure them for up to 10% of the coverage limit on your property.
Most insurance companies use depreciation to decide how much they will pay to repair or replace a fence. Also, they will factor in your deductible.
How Do You File a Claim for a Fence Damage?
Contact your agent or insurance provider if a storm, a fallen tree, or another insured loss seriously damages your fence. Ensure you do that as soon as you hear of it. Discuss your situation and see if filing a claim is necessary.
Your claim representative will assist you through the steps if you decide to file a claim. They might ask for receipts for your fence installation and photos of the damage. Hence, like with other scenarios, ensure you keep a proper event record.
Conclusively, save yourself enough stress by clarifying if your insurance covers your fence from the beginning
