Coverage B includes other buildings isolated by clear space from the main
dwelling or connected by a fence, plumbing, utility line, or similar connection.
Other structures are:
- A separate garage
- A backyard shed for a lawnmower
- A barn
- Guest cottage on the insured's property
- A gazette
- A greenhouse
- Fences, driveways, walkways
- Indoor swimming pools
Other structures are insured up to 10% of the Coverage A dwelling cap by
law. Sybil's house is insured up to $200,000. Her default coverage
B cap is 10%, making it $20,000. Depending on the insurance provider,
the policy can be decreased or refused by the insured 's request.
Because Sybil has no other buildings, she can lower the coverage to $5,000,
just enough to protect the fence, curb, curb, and driveway.
Reducing the other structure coverage cap also decreases the premium. The
other buildings do not occupy the ground. If the other buildings are leased
to others, not the primary dwelling occupant, it is not secured. If the
garage is leased, there is an exception.
For example, Tanisha has a detached garage house. She agrees to rent her
neighbor's garage, who will use the garage to store his Ferrari. In
this scenario, Tanisha's policy protects the garage. But if she leases
the garage to keep her friend's furniture, there's no garage coverage.
No structures are protected if any business is performed or the structure
is used to store business property.
Davis, for example, is a plumber running his company from his backyard
shed. A commercial or business insurance policy is required. And a company
endorsement can be applied to the homeowner's policy to secure a personal
residence, depending on the industry.
A barn leased to a friend for use as a retail art store is protected with
a special endorsement. Other business uses such as hairdresser, daycare,
or other incidental occupancies. Ask your agent for endorsements making
business use. More options may be available, depending on the company.
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