Other Structures Coverage

Other Structures Coverage is a type of insurance coverage that protects the structures on your property that are not directly attached to your main dwelling. This coverage is usually included in homeowners insurance policies and provides financial protection for structures such as fences, garages, sheds, and even separate buildings like a guesthouse or a detached workshop. In the event of a covered loss, Other Structures Coverage can help pay for repairs or rebuilding costs for these structures. For example, if a storm damages your garage or a fire destroys your shed, this coverage can help offset the cost of repairs or replacement. It’s important to note that Other Structures Coverage typically has a limit, which is a maximum amount the insurance company will pay out for a covered loss. This limit is usually a percentage of the total coverage limit for your entire policy. So if you have a $200,000 coverage limit for your main dwelling, your Other Structures Coverage might be limited to, let’s say, 10% of that amount ($20,000). It’s also worth mentioning that certain conditions or exclusions might apply to this coverage, so it’s important to review your policy carefully to fully understand what is covered and what isn’t. Overall, Other Structures Coverage can provide peace of mind by providing financial protection for structures on your property that are separate from your main dwelling.