Fences are covered at replacement cost value in the Farmers Smart Plan Home Premier package without the need for endorsements. This is the most comprehensive coverage option ensuring structures like fences are repaired or replaced at their full value.
Fences are insured at replacement cost value, without endorsement, in the Farmers Smart Plan Home Premier package. This package offers the most comprehensive coverage for homeowners, which includes the assurance that structures like fences are covered without requiring additional endorsements for the replacement cost value. This means if your fence is damaged by a covered peril, the insurance policy would pay for the cost to repair or replace your fence with materials of similar kind and quality without deduction for depreciation.