Ask An Agent: Is My Shed & Its Contents Covered By Home Insurance?
A shed will likely be covered, says Shelby Mobley, an Allstate agency owner in Cedar Grove, New Jersey. You’ll want to notify your agent about your new structure, of course, but most homeowners policies will cover buildings on your property that aren’t attached to your home, like a gazebo, shed or detached garage.
ABOUT OTHER STRUCTURES PROTECTION
“It’s called other structures protection,” says Mobley, “and, typically, the [standard] coverage is for 10 percent of the amount of insurance you have on your home. So if your home is insured for $200,000, your shed and other structures would be insured for 10 percent of that, $20,000.”
