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Write something about yourself. No need to be fancy, just an overview.
Oklahoma Insurance Professionals LLC Blog |
Write something about yourself. No need to be fancy, just an overview.
When Ashley bought her first home in Oklahoma City, she was excited about the charming gazebo in her backyard and the detached garage that offered extra storage. What she didn’t realize was how these detached structures were covered—or not—under her homeowners insurance. It wasn’t until a severe storm damaged her garage roof that Ashley learned the limits of her policy. If you’re a homeowner in Oklahoma City, understanding how detached structures fit into your home insurance coverage can save you from unexpected costs. Let’s explore how these structures are covered, what you need to know about policy limits, and how to ensure you’re fully protected. What Are Detached Structures?Detached structures include any buildings or items on your property that aren’t physically connected to your main house. Common examples are:
These structures are often covered under the "other structures" section of your homeowners insurance policy, but coverage can vary depending on your policy details and insurer. How Detached Structures Are Covered in Standard PoliciesMost standard homeowners insurance policies include coverage for detached structures as part of the total dwelling coverage. Typically, this coverage amounts to about 10% of your dwelling coverage limit. For instance, if your main dwelling is insured for $250,000, your detached structures might be covered for up to $25,000. However, this default coverage may not be enough if you have multiple or high-value detached structures. Assessing your property's unique features and the value of these structures is essential to avoid gaps. Common Risks for Detached Structures in Oklahoma CityOklahoma homeowners face unique risks that can affect detached structures. These risks include:
Factors That Influence Coverage LimitsSeveral factors impact how much coverage you’ll need for detached structures: Replacement Costs Consider the replacement cost of rebuilding or repairing your detached structures. For instance, a custom-built gazebo might cost more to replace than a standard shed. Materials and Age The type of materials and the age of the structure can affect how much it will cost to repair or replace. Older wooden sheds, for example, may require extensive repairs compared to newer aluminum ones. Use of the Structure If you’re using a detached structure for business purposes, like a home office or rental unit, it might not be covered under standard homeowners insurance. Additional coverage or a commercial policy may be required. Enhancing Coverage for Detached StructuresIf the default coverage under your homeowners policy isn’t sufficient, you can enhance your coverage through endorsements or additional policies. Here are some options:
Avoiding Common PitfallsMany homeowners assume that detached structures are automatically covered for their full value, but this isn’t always the case. Common pitfalls include:
Steps to Ensure Proper CoverageFollow these steps to make sure your detached structures are adequately protected:
Why Oklahoma Insurance Professionals is Your Best ChoiceChoosing the right homeowners insurance in Oklahoma City means partnering with a provider who understands the unique risks of the area. At Oklahoma Insurance Professionals, we specialize in helping homeowners navigate coverage for both their primary dwellings and detached structures. Our team is dedicated to providing personalized guidance so you can feel confident in your coverage. Whether you’re in Edmond, Norman, or anywhere in the Oklahoma City metro area, our local expertise ensures we’re ready to meet your needs. Contact us today to learn more about enhancing your homeowners insurance to include your valuable detached structures. Let us help protect your property and provide peace of mind year-round.
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