Get Directions
Home insurance often extends beyond the main dwelling to cover additional structures on your property in and around Oshkosh, NE. These additional structures, referred to in many policies as "other structures," include buildings such as detached garages, sheds, fences, and gazebos. Understanding what your home insurance policy covers for these structures is crucial to ensure their protection in the event of damage or loss.
What Additional Structures Coverage Includes
Most homeowners insurance policies include coverage for additional structures, typically providing a specific percentage of the primary dwelling coverage. For instance, if your home insurance policy offers $300,000 for the main residence, a 10% coverage may be set for other structures, giving you $30,000 in protection for these buildings.
This coverage typically protects against various perils, including fire, theft, vandalism, and specific weather-related damage like hail or lightning. If a covered event damages or destroys a detached garage, fence, or another qualifying structure, your home insurance will help cover the cost of repairs or replacement up to the policy limit. This coverage protects not only the main dwelling but also enhances the value and functionality of the entire property.
What Additional Structures Coverage Excludes
While home insurance protects other structures, it has some essential exclusions. Structures used for business purposes, such as a shed converted into a workshop or office, may not be covered unless you have additional business insurance. Additionally, damage caused by floods, earthquakes, or general wear and tear usually isn’t included in standard coverage, and you would need separate policies or endorsements for these risks.
Western Trails Insurance for A Better Understanding of Insurance
Western Trails Insurance provides comprehensive information on various aspects of insurance. Our agency serves locations in and near Oshkosh, NE. Call us today.