Dwelling Insurance Details

Dwelling insurance provides the most basic type of home insurance coverage for investment, vacation, and rental properties. The nice thing about dwelling insurance is that it is usually offered at a low price.

What is the Difference?

Dwelling insurance is designed to protect secondary properties, such as the type listed above, against fire, theft, and other events that may be named on the policy.

Here are several areas that are typically covered by dwelling insurance.

1. A dwelling insurance policy usually covers the actual structure as well as anything else such as detached garages, sheds, etc.
2. Covers landlords against rental income loss in the event that the property is damaged and needs repairs.
3. Insures the landlord's personal property that is used in units by tenants. This includes appliances, furniture, etc.
4. In most cases, dwelling insurance does not offer liability protection. This is one of the main differences when compared to homeowner's insurance policies.

Dwelling insurance is meant to provide minimal coverage at a lower cost than more traditional homeowner's insurance.

Who Needs this?

When it comes down to it, homeowner's insurance can be quite expensive. But for people who own rental properties and do not need to insure their possessions, dwelling insurance is a much better route.

Additionally, for people who live in more than one residence throughout the course of the year a traditional homeowner's policy does not make sense. Why pay for such a high level of coverage when you do not need it?

How to Get It?

To find the lowest dwelling insurance quotes you will want to use an online service such as 2insure4less.com. With a network of thousands of dwelling insurance companies, we can help you find the best coverage and rates within minutes.