{"id":4476,"date":"2023-10-31T12:00:07","date_gmt":"2023-10-31T12:00:07","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=4476"},"modified":"2023-10-31T12:00:10","modified_gmt":"2023-10-31T12:00:10","slug":"what-is-dwelling-coverage-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/home-insurance\/what-is-dwelling-coverage-all-you-need-to-know\/","title":{"rendered":"WHAT IS DWELLING COVERAGE? All You Need To Know"},"content":{"rendered":"

Your home is more than just a place to live, it’s an investment. To protect it, you need to understand dwelling coverage, a fundamental component of your homeowners’ insurance.\u00a0 Dwelling coverage, sometimes called dwelling insurance, is a part of a standard homeowners insurance policy that covers the physical structure of your home if it’s damaged by a covered hazard. It is different from home insurance, which covers the surrounding land and detached buildings on the property around your home. <\/p>

What Is Dwelling Coverage?<\/strong><\/span><\/h2>

Dwelling coverage is a part of a home insurance policy that specifically covers the structure of your house. It helps cover the cost of repairing or rebuilding your home if it is damaged by certain hazards or perils, such as fire, windstorm, vandalism, or theft Dwelling coverage typically includes the foundation, frame, walls, roof, and other structures attached to the house, such as an attached garage or porch. It may also cover installed fixtures like cabinets and counters, as well as permanently attached appliances connected to public utilities.<\/p>

What Does Dwelling Coverage Not Cover?<\/strong><\/span><\/h2>

While dwelling coverage protects your home’s structure, it does not cover everything.<\/p>

 The common exclusions are :<\/p>

#1. Flood Damage<\/strong><\/span><\/h3>

Dwelling coverage most of the time does not cover damage caused by floods. To protect against flood damage, you may need to purchase a separate flood insurance policy.<\/p>

#2. Earthquake Damage<\/strong><\/span><\/h3>

Dwelling coverage generally does not cover damage caused by earthquakes. If you live in an area prone to earthquakes, you may need to consider purchasing earthquake insurance.<\/p>

#3. Sewer Backups<\/strong><\/span><\/h3>

Damage caused by sewer backups is not covered by dwelling insurance. You may need to check your policy or speak with your insurance agent to understand the specific coverage in this regard.<\/p>

#4. Detached Structures<\/strong><\/span><\/h3>

While dwelling coverage typically covers structures attached to the house, such as an attached garage or porch, it may not cover detached structures like a detached garage, shed, above-ground pool, or fences. <\/p>

#5. Wear and Tear<\/strong><\/span><\/h3>

Dwelling coverage does not cover damage that occurs naturally over time due to wear and tear, deterioration, or lack of maintenance.<\/p>

#6. Neglect or Intentional Damage<\/strong><\/span><\/h3>

Damage resulting from neglect or intentional acts, such as intentional destruction of property, is generally not covered by dwelling insurance.<\/p>