Everything You Ever Wanted to Know About Trees & the Homeowners (HO) Policy!
Our agency wants to figure out a way to summarize how homeowners policies respond to losses involving trees. What Coverage is there for the trees and for what perils and limits? What coverage and limits are provided for debris removal?
Trees are covered as property only if they are damaged by one of the "seven perils". these are fire, lightning, explosion, riots, aircraft, vehicles not driven by a resident, or vandalism/theft. there is a per-tree sublimit, with an overall limit based on a percentage of coverage A.
For trees damaged by one of the "seven perils", this sublimit does include debris removal costs. an additional 5% of that sublimit is available for more debris removal.
For trees damaged by other perils such as a windstorm, the policy pays another per-tree sublimit only if a tree damages a covered structure or blocks a driveway. If a tree simply falls in a yard and causes no damage, no debris removal is payable.