Dwelling Coverage
What Does Dwelling Coverage Mean?
Dwelling coverage is a component of homeowner’s insurance policies that protects against damages to the physical structure of a home and its fixtures. The insurance company agrees to compensate the policyholder for the costs associated with rebuilding or repairing the home’s structure due to damages resulting from covered perils.
Insuranceopedia Explains Dwelling Coverage
In addition to the main structure of the home, dwelling coverage also protects structures attached to the home, such as garages, sheds, decks, and patios. It typically covers fixtures within the home, including electrical wiring, plumbing, air conditioning, and built-in appliances. However, it does not cover detached structures.
Dwelling coverage can be included as part of a homeowner’s insurance policy or exist as a standalone policy, in which case it is referred to as dwelling insurance.
