Other structures coverage, or Coverage B, is a provision of your home insurance policy that protects any structures that may not be physically attached to your home, like a fence or shed, from damage due to a covered peril. Let’s review what other structures coverage covers, what it doesn’t cover, and how it works.
What Does Other Structures Coverage Cover?
In your homeowners insurance policy, the actual physical structure of your home (not the contents) is covered under your dwelling coverage, or Coverage A. If it’s physically attached to your home, like walls, or ceilings, it’s protected under dwelling coverage. But other structures coverage protects things that are still a part of your home but aren’t necessarily attached or part of your home’s actual physical structure. Here’s what’s included under other structures:
- Construction supplies and materials for another structure
- Detached patio
- Guest home
- In-ground pool (Some insurers will include this under dwelling coverage, will vary by carrier)
Other structures on your property are usually covered under the same perils your home insurance policy covers for your dwelling coverage. So if your home insurance policy covers falling objects, fire, hail, theft, and vandalism, then your other structures will most likely be covered for those perils as well. But be sure to check your home insurance policy to make sure!
It’s also important to keep in mind how your insurance company will reimburse you in the event of a covered loss. Most policies will reimburse you for your home’s replacement cost value, which means the amount it would take to rebuild your home to the way it was before it was destroyed. But, other structures may work differently, depending on your policy. Some policies will reimburse you for what’s called actual cash value, which means the total replacement cost plus depreciation. For a more detailed explanation of actual cash value vs replacement cost, read more here.
TGSI Tip: Your home should be covered for a minimum of 80% of its true replacement cost. For help calculating your replacement costs, check out this helpful article!
What Isn’t Covered Under Other Structures?
Since your other structures coverage will more or less mirror your dwelling coverage, you’ll see the same limitations in terms of covered perils. Perils not included in other structures coverage include:
- General home wear and tear
- Theft if your property is under construction or unoccupied
- Water damage due to neglect
How Much Coverage Do I Have For Other Structures?
According to the Insurance Information Institute, your other structures’ coverage limit is based on a percentage of your dwelling coverage- usually about 10%. So if you have $200,000 in dwelling coverage, you may have other structures coverage for up to $20,000. However, if you need more protection your insurance carrier can help you adjust your coverage limits.
If you’re worried about things inside your other structures, like personal property inside a detached garage or shed, your personal property coverage, or Coverage C, in your homeowners insurance policy will cover those items.
Get The Right Home Insurance Policy And Other Structures Coverage
The best way to get the right other structures coverage is to have a great home insurance policy to begin with. At TGS Insurance, our team of experts will carefully craft you a homeowners insurance policy that meets all of your coverage needs, all at a rate that doesn’t break the bank. We do this by shopping every policy we issue through our bank of 35+ A-rated (or better) carriers to ensure that you’re getting the best home insurance policy the market has to offer. Get your hassle-free home insurance quote today and see why over 15,000 Texans are insured with TGS Insurance!