Do You Have Enough Coverage for Your Outdoor Living Space?

Exterior structures and outdoor improvements can add value to your home, but they may also affect your insurance needs. Praireland Insurance Group can help you assess your coverage and identify any potential gaps.

Understanding Other Structures Coverage

A standard homeowners insurance policy may categorize outdoor improvements under other structures coverage, also known as Coverage B. This portion of a policy can apply to structures on your property that are not physically attached to your main dwelling, such as:

• Detached garages, patios, decks and gazebos
• Fences and retaining walls
• Outdoor kitchens and built-in grills
• Storage sheds and pool houses

Other structures coverage is typically set at a percentage of your dwelling coverage. Homeowners who have invested in renovations or additions may find that the standard limit does not fully cover the replacement cost of those improvements.

Risks Specific to Illinois Homeowners

Local homeowners may face a variety of risks that can affect exterior structures and property improvements. Weather-related events, falling trees, accidental fires and other unforeseen incidents can damage outdoor features and lead to costly repairs. While homeowners insurance may cover certain covered losses, some risks, including flooding and earth movement, may not be included in a standard policy and can require separate coverage.

Importance of Reviewing Your Coverage

When reviewing your homeowners insurance, it is important to consider the value of any exterior structures and property improvements. These additions may increase replacement costs and affect your coverage needs. If their value exceeds your current policy limits, additional coverage options may be worth exploring. Additionally, if your outdoor features include attractive nuisances (e.g., pools and fire pits) or you regularly use your outdoor space to host gatherings, you may want to enhance the liability coverage in your policy.

We Can Help

Contact Praireland Insurance Group today to request a no-obligation quote.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.