What Is Dwelling Insurance?


When we talk about homeowners insurance policy, one of the most discussed questions comes into mind is, what is dwelling insurance?

Let’s find out.

What is Dwelling Insurance?

Dwelling insurance, also known as dwelling coverage, is that part of the homeowners insurance policy that is dedicated towards the rebuilding or the repair of the physical structure of the home in case it is damaged by a hazard that is covered by the insurance.

Dwelling insurance covers the following hazards or perils; although these can vary from one state to another depending on the geographical region:

  • Fire or smoke
  • Lightning
  • Windstorms or hail
  • Explosions
  • Theft and Vandalism
  • Damage caused by snow, or ice
  • Falling objects
  • Damage caused by aircraft or motor vehicle

These are the typical hazards that are covered; however, it is best to confirm these from the insurance policy document.

It may not cover damages by floods, earthquakes etc. unless typically provided for.

Dwelling coverage is not just restricted to the living area but it also covers the attached structures such as garages, porch etc. that are typically attached to, or are a part of the dwelling unit.

More FAQs To Explore:

Home Insurance Common Questions

Liability FAQs on Homeowners Insurance

Important Coverage Questions

Dwelling coverage is subject to limits and deductibles. The limit is the maximum amount that the insurance policy will pay toward a covered loss.

The deductible is the amount you will have to pay before the insurance company pays to cover the loss.

Hope you have got your answer to “what is dwelling insurance?’, There are more to look on , don’t miss them:

What Are Typical Homeowners Insurance Rates?

Types Of Homeowners (Home) Insurance

What Is Joint Homeowners Insurance Policy?

If you have any questions/confusion regarding dwelling insurance or homeowners insurance, please comment down below. Don’t forget to spread the word!