Dwelling coverage, also called dwelling insurance, is part of every standard homeowners insurance policy. Dwelling coverage concerns the physical structure of your home, and can help you recoup financially if it’s damaged.
While most homeowners insurance policies include dwelling coverage, it can be confusing to determine what sort of damaging events are covered. Here is a quick reference guide to what types of covered peril or hazards:
Dwelling coverage is used to help pay for damage sustained from natural disasters or hazards. If the structure of your home is damaged by fire or smoke, windstorms, lightning strikes, hail, snow, sleet or ice, you may be entitled to compensation to cover the cost.
However, it’s important to note that not all natural hazards are covered by this homeowners policy. For example, windstorms do not include tornadoes. If you live in a region where tornadoes are common, you will need to purchase an additional tornado insurance policy.
For areas prone to earthquakes or flooding, you would also need to get additional coverage for these hazards. Consulting an insurance agent in your area will help you determine what insurance coverage is best for your situation.
It’s also crucial to remember that dwelling coverage only counts for the physical structure. This means it won’t cover the cost to replace carpeting or hardwood floors damaged by smoke from a fire. Typically, interior elements like flooring are covered under another portion of your homeowners insurance policy.
Dwelling insurance protects you from hazards beyond natural or weather-related events. Human-caused damage to the home structure from vandalism or theft are covered under this part of the policy.
Other hazards included in coverage are falling objects, damage from motor vehicles and damage from aircraft. If any of these issues should cause personal property damage, your insurance will pay for repairs.
Dwelling coverage and other specific policies can make an enormous difference in your recovery from the unlikely event of a covered disaster. By knowing exactly what dwelling insurance covers, you can have more peace of mind knowing your provider will help you recoup your losses.
Susan Shuxian Hu has been a dedicated realtor serving in Silicon Valley since 2010. With great passion, outstanding negotiation skills and due diligence, she has helped many buyers and sellers in their real estate needs. Living in West San Jose for more than 14 years, she has broad knowledge in Cupertino, West San Jose, Los Altos and Saratoga. She has enormous patience working with buyers and never tired of showing all possible properties that may fit client’s needs. Clients appreciate her best service to their satisfaction. She specialized in luxurious real estate purchase in Los Altos, Cupertino, Saratoga and Palo Alto. She also helped friend and past client’s referral working in San Francisco, Foster City and far reached Bay Area.
Susan Shuxian Hu was graduated in East China Normal University in Shanghai with bachelor and master degrees in Bio science. She came to US in 1989 and earned her Ph.D. in Molecular Genetics in Texas A&M University in 1996. After one year of postdoc in Southern Florida University in Tampa, she moved back to Orlando with her family and started working in Lucent Technologies. In 2002, Susan moved to California, Silicon Valley joined a start-up company. Since then she worked in high tech Corporation till 2009. Driven by her dream job pursuing, she found her passion working in sales by helping people in real estate after one year of education in De Anza business and real estate law study. Since then, she has been serving many people in Bay Area for their real estate needs.
With bilingual advantage, she has been actively working with Chinese immigrants as well as local engineers and residents. With rich high tech background and connection with Chinese community, Susan has served in luxurious real estate in last a couple of years.