One of the many appealing things about owning a home in New Hampshire is the privacy that many lots enjoy. More often than not, homeowners owe that privacy to having trees on their property. Although there are many benefits to having trees around your home, there are also some drawbacks. If a tree is too close to your house or is in danger of falling, you could potentially be looking at some serious property damage. These liabilities can also raise your premiums on New Hampshire home insurance.
Removing trees can increase the safety of your home and sometimes lower your insurance prices. Here’s how tree removal can affect New Hampshire home insurance.
Liability Coverage
Insurance payouts are often contingent on who is at fault or if the damage could have been mitigated or avoided. If you know that a tree in your property is dead or diseased or otherwise poses a threat to your property and you do nothing about it, you could be held liable for the damage. A severe storm uprooting a healthy tree is a different situation from a dead tree falling on your house or your car. Insurance policies often expect homeowners to take reasonable steps to prevent foreseeable risks.
Incentives for Preventative Measures
In some cases, you can lower the cost of your insurance bills by removing potential risks. The less likely damage is to occur, the less you have to pay, generally speaking. If your house is surrounded by trees that could fall and damage your property, your insurance company is going to charge you more to insure your home. By removing hazards, such as trees, you can renegotiate the terms of your insurance policy for a lower rate.
Documentation and Communication
Whenever you make major changes to your property, you should always tell your insurance company about them. Save all records of the work you had done and provide your insurance agent with a copy. They can help you determine how the changes to your property will affect your insurance costs. In general, improvements to your home will save you money on insurance as it lowers the risk of damage.
New Hampshire Home Insurance from the Morin Agency
At the Morin Insurance Agency, we understand the quirks of New Hampshire life. We live here, too, so we understand what makes it so special. Our agents work with all our customers to get them the best New Hampshire home insurance to protect their homes and families.
