A tree that provides exceptional benefits such as shade, oxygen, and aesthetics can also fall on your neighbor’s property and damage it. Most people assume that if the tree is yours or on your premises, you need to cover the damage. However, this is not always the case. Read on to learn how homeowners insurance works when your tree falls on your neighbor’s property.
When You Are Not Liable
Either your neighbor or their insurance company usually pays for the damage if a tree falls due to natural disasters such as a flood, wind storm, tornado, etc.
When You Are Liable
There are scenarios when you can be held responsible for the damage caused to the neighbor’s property. For example, if it fell while you were cutting it without professional help or you knew that the tree in your backyard is dying or unstable, you could be held responsible. In such circumstances, you need to cover the damage with your insurance.
The Role of Your Insurance Company
When a homeowner is responsible for the damage, their insurance company will help to pay for the repair expenses. They will thoroughly investigate the claim and defend you in the case. However, if the damage cost exceeds beyond your policy limit, you will be on the hook for the remaining expenses.
Even if you are held liable for the damage, the premium rate for your insurance policy will not increase.
Keep Peace with Neighbors
Taking care of a tree may seem unnecessary, but it is less expensive than the cost of damage. Check your tree regularly and make sure it is in good condition. Having proper personal insurance will help you cover the expenses you face from these issues.
This is how insurance works when a tree falls on a neighbor’s property. If you need more information about homeowners insurance, contact the experts at Promised Land Insurance Group. We are ready to help you with all your coverage needs.