Black Door Realty Group, LLC
Your home provides a safe space to live. What happens in the case of an emergency that compromises your home? Financially protecting your home can safeguard your space if perils arise.
Dwelling insurance is the part of your homeowners insurance policy offering protection for the structure of the home. This article provides a basic guide to understanding dwelling coverage, policy scope and requirements.
If your home structure is damaged, dwelling coverage provides financial compensation. Your insurance policy would offer an estimate of the damages and provide funding for the cost of repairs.
Your home structure includes walls, flooring, roof, foundation and windows. Sometimes dwelling insurance also covers attachments to the home, like a porch, garage, or deck.
Rental property owners need a specific type of dwelling insurance for landlords. These policies generally include:
Tenants should have renter’s insurance as well, as landlord's dwelling insurance won’t cover their personal items.
Dwelling coverage isn’t a requirement. However, most mortgage lenders do require dwelling insurance if you’re financing your home through them. Not only does it protect homeowners, it protects the lender’s investment.
Elizabeth “Tish” Pacini I am the Realtor®/ owner of Black Door Realty Group, LLC we are thankful to be able to help people buy and sell homes in Massachusetts and Southern New Hampshire.
Black Door Realty Group uses technology & experience to make your next move easy. We help home buyers search and find homes for sale, negotiate to our client's advantage, and make moving as easy as possible. We help homes seller prepare their homes for the market, set a pricing strategy, and find buyers of their homes through innovative, effective marketing.
