What is the cost of insurance to pay for tree removal after a storm?
- by siteadmin
Although trees are a wonderful addition to any property they can also cause damage to your home or other structures if they do fall on it. This is why homeowners insurance often covers tree removal following a storm.
The circumstances of the tree's fall and its location will determine whether your home insurance will cover it. Many policies also cover the cleanup of fallen trees.
Standard homeowners policies will cover tree removal costs. This is true even if the tree has caused damage, obstructs your driveway, or makes it difficult for you to access your home. If the tree isn't causing any damage and is only obstructing access to your home or grounds, it will not be covered.
The amount of tree removal coverage that an insurer will cover is usually limited to a percentage of the policy limits or per-tree amounts. If your home is $250,000 in insured, the insurance company will usually only spend 5% on tree removal.
To cover additional costs if your home is damaged by a fallen tree, you may need an extended replacement cost endorsement. This endorsement can help you save time and money by lowering your insurance premiums.
Homeowners should think about removing trees that are old or unhealthy, or that are prone to being felled by storms. This is particularly important when there is a storm in the future.
According to the Insurance Information Institute, most home insurance companies will cover the removal of trees that cause damage to your home or other structures on your property such as a shed, garage, fence, or shed. In addition, they usually cover the removal of debris if it is blocking your driveway or handicapped-accessible entrance.
If the tree fell on your home, it is generally not covered by standard homeowners insurance. Standard homeowners insurance would not cover you if the tree fell on your house due to a flood, earthquake or landslide.
Tree removal is not covered by some insurance companies if the tree has been allowed to decay or if it was cared for negligently. These problems can be avoided by making sure trees are healthy and not allowing them to grow too high, which could increase the likelihood of being struck by a storm.
You should also consider adding an additional policy for hurricanes, floods, and earthquakes to your existing insurance to protect yourself against the costs of tree removal. These policies are often much less expensive than regular homeowner's insurance, and can provide significant savings over time.
Although trees are a wonderful addition to any property they can also cause damage to your home or other structures if they do fall on it. This is why homeowners insurance often covers tree removal following a storm. The circumstances of the tree's fall and its location will determine whether your home insurance will cover…