You may not be aware that you could collect insurance benefits when your trees have been damaged. This is a great thing to consider when disasters arise. Let’s explore how much coverage you can typically expect with a basic homeowner’s plan.
Of course, the tree must be in good health to be covered by insurance. Therefore, if the tree is not properly prepared for season change or potential storms then the homeowner could be considered at fault. However, any of the following disasters or accidents will be covered by a standard policy up to 5%: fire, lightning, explosion, theft, aircraft, vehicles not owned by the resident, vandalism and malicious damage. Any tree or shrub that is damaged on a company’s property will require a business insurance policy for benefits.
You may even qualify for tree removal coverage. If the tree has hit or fallen on an insured structure, then the standard homeowner policy should cover the removal up to $1,000.00 depending on the insurer and policy. If the tree or other debris did not damage any structure, then the policy will not cover any clean up unless it is a large tree blocking a driveway or entrance way. Call your town or city government to learn what to do if a tree from your yard falls into the street. Some municipalities will remove the tree, and others will require you to do it.