A median of $455,400 in a town built around a lake. Docks, lifts and ramadas are structures, and structures on water are treated differently from structures on land.
A dock is an other structure and many carriers limit or exclude it. Water exposure is the reason.
Three things about owning something that sits in the water.
Structures over water are exposed to wave action, fluctuating levels and vessel impact, and many homeowners forms either exclude them or cap them well below replacement cost. An owner who assumes the dock is simply another detached structure is usually assuming too much.
A dock damaged by wave action or a boat striking it is a different cause from rising water, and the policy treats them differently. Which exclusion applies decides whether anything responds, and the distinction is finer than it sounds.
People use docks, jump from them and tie boats to them. A failure that injures somebody is a liability claim on the homeowners policy, and that is a larger exposure than the cost of the dock itself.
Everything on the property, including what floats.
Each needs naming and some need a separate policy.
A default percentage rarely covers a dock and a lift together.
The injury claim outweighs the structure claim.
Tell us what is on the waterfront: dock, lift, ramada, and roughly what each cost.
We name the waterfront structures instead of hoping they are included.
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