Mesa, AZ, is an attractive place to live, offering affordability, safety, a thriving economy, and a wealth of amenities and entertainment opportunities. However, the area is also prone to wildfires, flash flooding, earthquakes, and severe thunderstorms. If you’re considering buying a house here, ensuring it has sufficient coverage to provide compensation in the event of an unfortunate incident is crucial.
What is Coverage B Home Insurance and Why is it Important?
Coverage B, also known as Other Structures Coverage, covers outdoor structures on your property, such as fences, detached garages, sheds, and gazebos.
If you don’t have many outdoor structures, a standard home insurance policy, which covers 10% of damage to outdoor structures, may suffice. This can provide extra cash to repair or replace less expensive structures like a freestanding carport. However, if you have multiple and/or costly outdoor features, you’ll want full coverage to rebuild these if necessary.
Coverage B provides compensation for all named perils in your policy. However, it won’t cover damage caused by regular wear and tear or lack of maintenance. For instance, if your detached garage is damaged in a storm, but your insurer finds that it was already partially damaged due to lack of care and maintenance, you may receive less compensation than expected or have your claim denied entirely.
Learn More from the Precision Insurance Team
Precision Insurance Team specializes in helping Mesa, AZ homeowners find the home insurance coverage that best meets their needs. Contact us to learn more about your coverage options or to get a price quote on the policy of your choice.
