From pools to fences, other structures on your property may be expensive to fix or replace. So, you’ll want to let your insurer know if you make any improvements. For instance, putting up additional structures on your property, like a detached garage, will likely increase the value. So, you may need to add an endorsement to increase your policy limit for homeowners insurance other structures coverage.
What Additional Coverages Do I Need?
Other types of insurance coverage to consider include:
- Valuable items blanket coverage, which provides additional protection on certain valuables. For instance, if your insured jewelry gets stolen, this coverage can help pay to replace it.
- Equipment breakdown coverage, which helps cover your repair or replacement costs if your appliances or electronics have a mechanical or electrical breakdown. It also provides coverage if you want to make “green” upgrades.
- Other structures on the residence premises coverage, which offers extra protection when the value of your other structures exceeds the policy limit.
- Structures rented to others residence premises coverage, which gives you additional protection for structures rented as a private resident.
