Just to mention something people might not have ever considered, but basic home owner's insurance does not cover fences as they are not part of the house. I'm sure someone would be more than happy to provide additional coverage for additional fees that would cover a fence, but it's something to keep in mind. I know multiple people that were oblivious to this until their fence was damaged from trees falling on them during a storm.

Yes it’s because fences break constantly. So it would be less “insurance” and more like a forced savings plan.