Dwelling insurance is normally used to protect an investment, a rental, a vacation or seasonally occupied home.
They provide just the very necessary home insurance protection at a small price.
What Is The Difference? They are structured to protect secondary homes from physical damage arising from fire and other known events.
Note that this type of coverage: o Normally protects the dwelling plus additional buildings on the property; buildings like garages or sheds.
o Protects all the landlord's personal properties that are being used by tenants or renters; properties like furniture or appliances.
o Protects landlords from loss of rental income.
This becomes very important when property is damaged and must be repaired as soon as possible.
o Normally will not offer liability coverage for injury or damage sustained by others on your property.
A clear difference from the regular homeowner's insurance policies.
Dwelling insurance gives basic protection at a much lower price when compared to the traditional homeowner's insurance.
This is great news for people that have more than one home.
It is true that homeowners insurance can be costly.
On the other hand, dwelling insurance will work perfectly for people who purchase rental or investment properties and have no need to buy insurance for personal possessions of others as they would their own.
Also, for people who reside in two or more homes each year, buying insurance for both homes using the regular homeowner's insurance policy makes no sense at all.
This is because they do not need that high level protection all the time, especially if the properties are located on safe or very low risk areas.
Do you need quality dwelling insurance for your home? Let us connect you with the agents on our network.
This will make it easier for you to compare different policies and their prices, and choose your ideal insurance plan.
Where To Get and Compare Free Quotes On Dwelling Insurance From Leading Home Insurance Companies Nationwide?