Coverage A – Dwelling
Definition:
The part of a homeowners policy that insures the main structure of the home.
Explanation:
Coverage A pays for repairs or rebuilding if the dwelling is damaged by a covered peril. It usually does not extend to detached structures.
Example:
If a fire destroys your kitchen, Coverage A pays to rebuild it.
Why it matters:
This term affects how claims are handled and what payout a homeowner may receive.