March 29, 2018

Landscape Insurance: What You Need to Know

Written by:
Kelly Klee Staff
Reviewed by:

Adding landscaping to your home’s exterior is like accessorizing an outfit—it adds pop, polish and panache. In addition to esthetic considerations, well-designed landscaping also has practical applications. Large trees can provide cooling shade in the summer and windbreaks in the winter. Thoughtfully placed shrubs or bushes can channel rain away from a home and even deter burglars. Landscape insurance is included in most homeowners policies, but it can be tricky coverage to understand clearly. If the landscape design at your high-end home is extensive or expensive, it is worthwhile to make sure that potential landscaping claims would be adequately covered by your insurance.

Here are three reasons that partnering with Kelly Klee can help ensure that your landscape insurance is up to par:

1) Landscape Insurance Varies from State to State

Every climate zone has different plants that thrive within it; the cost of a 7- to 10-foot tree can range from $75 to $5,000, or even more for larger and/or exotic trees. Some plants or trees are heartier and can withstand damage better than others. The insurance companies have a complex matrix to determine what their landscape coverage will be for each state. In general, you can expect that the maximum amount you’ll be paid on a landscaping claim will be 5% of the total value of your home. And there will be a maximum amount paid for any individual tree or plant, often ranging from $2,500 to $10,000 per item. It’s also standard that only one tree will be covered per claim, and it will have to be repaired or replaced within 180 days from when it was damaged or destroyed. But any of those statements could be void if you live in a particular state. Bottom line? This is a complicated area of insurance. The expert insurance advisors at Kelly Klee understand it.

2) Our Insurers Try to Say Yes

Kelly Klee’s high-end insurance carriers make their money by building long-term relationships with clients. These companies instruct their adjusters to approve claims when possible. In fact, at one company that specializes in serving successful individuals, processing approvals is so expected that a regional manager must approve any claim denials. This stands in marked contrast to mass-market insurers, where paying fewer claims means the companies can keep their rates as low as possible. It is in their best interests to deny claims because they know that their clients may very well switch to a new company in six months.

3) Our Insurers Hire Experts

Trees can live for thousands of years. The high-end insurance companies that Kelly Klee quotes have access to the finest arborists and botanists in the world. While this may not be an issue very often, if an heirloom tree or plant at your home or estate is damaged, you’ll appreciate this service. Landscape insurance is generally not needed very often, so it may not be something you’ve ever even considered. Yet, your landscape design is probably quite important to the overall enjoyment of your primary residence or vacation home. The best way to ensure that you understand all of the fine print is to talk it over with an expert coverage advisor from Kelly Klee. We’ll go through all of the particulars of each company’s policy offerings to make sure that you are able to select the homeowners policy that includes the landscape coverage you need. Contact Kelly Klee at 844.885.1600 or click here.

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