The fence on your property is, like any other structure, subject to damage from the elements. Fortunately, fence repairs are normally covered under your homeowners insurance policy. Depending on the fence, it could even alter your home insurance rates. Here is an introduction to fencing and homeowners insurance coverage to inform you.

How Does Fencing Affect Your Home Insurance?

Insurance companies tend to like fences because they lower the risk of payouts. A security fence will keep out most intruders and reduces the chances of vandalism, theft, and accidents for which your insurer would be liable. For instance, a pool fence prevents toddlers from falling into the pool and deters neighborhood children from secretly swimming while you’re not home to supervise their safety.

For all these reasons, a fence may reduce your home insurance premiums and subsidize some of the installation cost.

How Are Fences Covered Under Insurance?

Fence damage is normally covered—at least in part—by your homeowners policy, as long as the damage happens due to a covered event. Most insurers cover damage caused by storms, fire, wind, falling objects, and vandalism, but don’t cover flood or earthquake damage unless you specifically add that coverage for an additional amount. Payout for this type of claim is usually capped at 10% of the total policy coverage amount.

Be aware that you must pay any deductible amount toward the claim before your insurer has to contribute. Therefore, it might not be worth filing a claim for minor fence repairs. Also, note that any claim you make will likely raise your premium rates.

If you need fence repairs or a new installation, contact David's Fencing in Waipahu, HI. They’ve served clients throughout Oahu since 1980, specializing in decorative, industrial, security, and privacy fences. Learn more about their offerings on their website, or call (808) 677-8060 to schedule fence repairs.