The extra insurance provided by an enhanced policy covers risks such as:
- Claims arising out of fraud, easements
- If you are forced to remove an existing violation of any covenants, an existing violation of a regulation or law affecting the land
- If you are forced to move any structures because they encroach on other’s land,
- If your structures are damaged because of the exercise of a right to maintain or use any easement affecting the land
- If your neighbor builds any structures after the policy date which encroach on your land.
Perhaps the two most frequent claims are when a neighbor builds a structure encroaching your land or when your land is damaged by someone else using their easement. Enhanced policies cost a little bit more than the standard policies, but the peace of mind it provides is well worth it.