Other Structures Insurance
Other structures insurance, also known as Coverage B, is the part of your home insurance policy that protects structures on your property other than your house. That includes:
- Detached garages
- Swimming pools
- Guest cottages
How Much Other Structures Insurance Should I Have?
Other structures coverage is usually automatically calculated as 10 percent of the main structure. In other words, if your house is insured for $200,000, you'll typically have $20,000 in protection for your garage, fence, etc.
You can adjust this amount to more than 10 percent if you need extra protection. However, most experts recommend you carry at least 10 percent in Coverage B to protect your structures – they can be more expensive to repair or replace after a disaster than you might think.
It's also worth noting that every insurer handles pool coverage differently. However, if your pool is in-ground, it likely falls under the protection of Coverage B. Ask your insurer to be sure, and also ask if special limits apply.