Coverage A - Dwelling Coverage
Your dwelling coverage provides for the replacement of your home. It is important to remember that the amount of money indicated in Coverage A (also known as limits) has nothing to do with the market value of your home. Rather, your Coverage A limit should reflect how much it would cost to rebuild your home in the event it is destroyed. Also note that in addition to the replacing your home, Coverage A's limit should also include the cost of removing debris from your damaged home.
Important Note: A recent study by Marshall and Swift/Boeckh found that 2/3 of all homes had insufficient limits under Coverage A.
Shouldn't you make sure you have enough insurance for your biggest investment?
Informational statements regarding insurance coverage are for general description purposes only. These statements do not amend, modify or supplement any insurance policy. These statements are not legal advice. Consult the actual policy or your agent for details regarding terms, conditions, coverage, exclusions, products, services and programs which may be available to you. This website does not make any representations that coverage does or does not exist for any particular claim or loss, or type of claim or loss, under any policy. Whether coverage exists or does not exist for any particular claim or loss under any policy depends on the facts and circumstances involved in the claim or loss and all applicable policy wording
