The fence around your property is usually covered under your homeowner's insurance policy under the "Other Structures" provisions. This normally only pertains to fences that service just the dwelling and not those that service acreage. Fences are covered at Actural Cash Value and for the perils on the policy.
If your fence needs repairs due to a flood or earthquake, be sure you have specific protection in your home policy. Your homeowner's insurance will not cover damage caused by mold, fungus, termites, or landscaping problems.
Trees can be a problem to fences if they fall over on them. If it is a healthy tree, your homeowner's usually covers it and it is likely tied to storm or wind damage. If on the other hand, the tree is already weak and declining due to age or negligence, a claim may be denied or noticeably reduced.
Stormy weather, tornadoes, and hail can wreak havoc on homes and fences. In most cases, your homeowner's insurance policy will cover the damage up to your coverage limits. Vandalism is usually covered, too.
Although unusual, this has been known to happen. Someone crashes their car into your fence. In this case, your homeowner's policy should cover the damages; however, you could save the possibility of your rates going up by filing a claim against the driver of the car. And if your homeowner's policy does not cover all the costs, filing a claim against the other driver can help meet the total costs.
Have a conversation with your independent insurance agent about your homeowner's insurance to be sure you are sufficiently covered. Asking the right questions in advance could save costly unexpected repairs down the road.
Killebrew Insurance has been insuring customers in the Permian Basin for more than 40 years. If you want answers you can trust, give us a call. Because we're independent, we can shop around for you to get the lowest rates. Call or come by. We're here to help.