Homeowners insurance provides much-needed financial protection from liability issues and natural disasters. Certain property features can affect your insurance policy, and a fence is no exception. It’s important to understand how a fence influences the cost of your homeowners insurance as well as how it’s protected under it. 

How Will a Fence Affect Your Homeowners Insurance?

Fences will generally have a positive effect on your insurance rate. A fence around your property serves as a deterrent against burglars, enhancing your home’s security. Insurers recognize this and may reward you with a slightly lower rate.

A pool fence can be even more impactful. Swimming pools are viewed as a potential hazard, especially for households and neighborhoods with young children. A pool fence that provides secure access will reduce the risk of children going in the pool unsupervised. A security fence will help offset the policy increase that comes from having a swimming pool.

How is Fence Damage Covered?

Fence damage is covered by your homeowners insurance policy in the same way that the rest of the house is. If a healthy tree were to fall on the fence during a storm, or if the fence was vandalized, the damage would be covered by your policy (or up to the coverage limits).

Not all issues are covered by a basic policy, however. Flood and earthquake damage requires additional coverage beyond what is typically offered. Preventable damage like mold growth, termite infestations, and wear and tear is not covered.

Whether you need homeowners insurance, an umbrella policy, or other insurance coverage, Mountcastle Insurance in Winston-Salem, NC, will help you find the right fit. Serving the Piedmont Triad area since 1890, their team offers a thorough evaluation of your situation to find the right policies for you and your family. To learn more about how they can help, head to their website, or request a quote by calling (336) 777-8500.