5 Reasons Why You Need Shed Insurance

Want to protect your shed from theft and damage? You’re going to need shed insurance
Imagine building a tough new shed, fresh from the steel manufacturer, solid as a rock and rich in colour…

…and then it blows down in a storm…

…or collapses on your car.

What if you don’t even make it that far? What if some punk kid steals your shed materials from the construction site?

If you’re thinking of building a fresh new shed, it’s worth investing in some shed insurance, too. Insurance can offer peace of mind when it comes to harsh weather, natural catastrophes, and even visual or structural inadequacies.

Need more evidence your shed needs insurance to pass household management (i.e. the wife)? Keep reading.

#1. You’ve invested in a shed and you keep countless dollars worth of gear inside

The average shed enthusiast keeps thousands of dollars worth of tools, equipment and even cars in their shed.

A shed itself can cost tens of thousands of dollars to build.

Between shed costs and the items kept inside, you’re looking at a major financial disaster if something happens to your shed.

If you’re renting, your shed should be covered by your landlord’s home insurance, so you don’t need to worry about covering it – but you will need to consider stand-a-lone contents insurance policy to protect the items you store inside it.

If you’re a homeowner, you need home and contents insurance to protect your shed. Otherwise, you’re on your own when things turn sour.

#2. Ahrens Sheds offer shed warranties… but all warranties have conditions

You know you’re getting a quality steel shed when the manufacturer is willing to provide fifteen years’ warranty.

BlueScope Steel has been one of Australia’s favourite steel manufacturers for over 50 years. We source all of our steel products from BlueScope Steel, including our Colorbond® and Zincalume® covers, garages, and sheds.

BlueScope Steel offer a 15 year warranty starting from the date of installation, including cover for corrosion of all products used for roofing and cladding.

However, it’s important to remember that all warranties have conditions. Eligibility for warranties will depend on a number of factors including location, product, and usage. For example, a shed built on unstable or heritage protected land would not be covered because it should never have been built there in the first place.

Here are two examples of warranties from BlueScope Steel, one for a Zincalume residential shed and one for a Colorbond residential shed.

Concerned your shed won’t be covered by warranties or insurance?

We’ve got you covered, no matter what. Read on.

#3. Our distributors can ensure you get insured

Our distributors won’t let you walk away with a sub-par, uninsurable shed.

Ahrens Sheds is ShedSafe Accredited, meaning we had to provide evidence that the engineering and design of our sheds are appropriate for all our customers’ site-specific uses.

Insurance companies won’t insure steel buildings that are unstable, in a high-risk area, or against the Building Codes of Australia.

Our nationwide team can provide expert advice based on the location of the building site, the topography of the land, building codes, and more.

We can ensure that the shed you’re getting is right for the wind and weather conditions in the area, plus provide advice for the shielding of your shed.

For example, we wouldn’t recommend building a shed out in the open in a high wind area. Sheds are better built in shielded areas, for example around trees or houses, where they are protected from harsh weather.

Our distributors would also provide alternatives for shed owners living within 500 metres of the ocean. Your distributor will recognise the need for stronger, salt resistant materials or a different sealer which might cost more but will help your shed get insured.

We go extra mile and don’t promise sheds or steel buildings we can’t provide or support. Our distributors will discuss your block of land with you and ensure your shed is covered.

#4. Cover notes can protect your shed in the wait time for insurance

There’s nothing worse than arriving at your building site and discovering the materials have all been stolen.

There’s only one thing that could make it worse – realising your insurance hasn’t taken effect and your insurer won’t cover the cost of the stolen goods.

When taking out shed insurance, we recommend getting a cover note on your existing property to encompass the shed kit until its built. Construction site theft is on the rise – the average value of materials stolen is $2,009, or $1,156 for vandalism.

A cover note will ensure your shed is covered before it’s even built.

Contact your insurance provider and tell them when the shed is arriving and the total cost, then ask for a cover note so the materials are protected against damage, vandalism, and theft.

Without a cover note, the insurance company can’t cover you if something happens to your shed before your insurance is finalised.

#5. Your shed is almost guaranteed to get insured on greenfields

The term “greenfields” means land which has never been used or never developed on. It’s a fresh, untouched patch of land… and it’s the best place to build your shed.

Our distributors will advise you to build your shed on greenfields because your shed will be more secure and less likely to collapse or get knocked over in catastrophic winds.

For example, we wouldn’t recommend building on a slope or soft soil, because your shed will be unstable.

Insurers will also be sceptical about insuring your shed if it’s likely to have an accident, the same way insurers don’t offer payouts if a condition is pre-existing.

Take steps to protect your shed from potential weaknesses. Consider these elements when planning for your shed:

  • Put up fencing around your shed – this provides some protection in the event of collapse. Fencing can also help block some gusts of wind.
  • Secure your shed as best as possible by building on greenfields.
  • Lock your shed materials away until it’s time to build. This reduces your chances of your shed getting stolen or vandalised – plus, an insurer is not going to cover you if you left your shed materials out in the open, free for the taking.
  • Add locks to your shed post-build. This will help protect your goods from theft.
  • Build around houses or mountains. These areas offer more protection for your shed.

You love your shed… so make sure to protect it!

Your shed is home to all your tools, your cars and a variety of equipment. It would be devastating to see it vandalised, robbed or suffer from any damage with nothing in place to protect you.

When building a shed, it’s crucial to take out a cover note and insurance for your shed. Without insurance, you’re putting a lot of money on the line with no assurance or cover.

Got an existing shed? It’s not too late to insure your shed! Contact our team today for assistance with finding an insurer.

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