Learn — Home & property
Dwelling coverage
What Coverage A dwelling coverage is on a homeowners policy, how it pays to rebuild your home’s structure, and how the limit relates to replacement cost.
Dwelling coverage pays to repair or rebuild the structure of your home after a covered loss. It should reflect the cost to rebuild — not market value or what you paid for the house.
Underinsuring dwelling limits is one of the most common homeowners mistakes. Construction costs change; review limits at renewal.