FRIDAY, MAY 20, 2022
Dwelling coverage is part of your homeowners policy. This portion of coverage could help pay for the repair of the physical structure of your home if it is damaged. Knowing the ins and outs of your coverage is crucial. The agents at Driscoll & Driscoll Insurance Agency are here to help you navigate your homeowners insurance, so you are getting the most out of your coverage.
What Is Classified As Your Dwelling?
Your dwelling is your home’s physical structure and the attached structures, such as an attached garage, porch or deck. It does not cover the home’s contents or the land. Contact an agent to discuss what parts of your home are covered by dwelling coverage. 
What Does Dwelling Insurance Cover?
There are specific hazards that your policy will cover. Coverage can vary from state to state, but the following are the most commonly covered hazards:
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Fire/smoke
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Lightning strikes
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Hail
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Explosion
While your policy covers many hazards you may face as a homeowner, it does not cover everything. Floods, earthquakes, sewer backups and maintenance damage are typically not covered by your policy. These hazards require additional coverage. Be sure to discuss your coverage needs with an agent.
How Much Does Dwelling Coverage Cost?
The more dwelling coverage you need, the more your policy will cost. How much dwelling coverage you need is determined by how much it will cost to rebuild your home and any attached structures such as a garage, front porch or back deck according to current construction and materials costs. You may be able to reduce your rate by choosing a higher deductible and bundling policies. Be sure to discuss the factors impacting your premium with an agent.
Learn More About Dwelling Coverage
At Driscoll & Driscoll Insurance Agency, we’re here to help you navigate the elements of your homeowners policy that may need some clarification, including dwelling coverage. Contact us today.
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