While a standard home owner’s insurance policy covers the structure and its contents against numerous hazards, a dwelling fire insurance policy covers against a much more narrow set of hazards. It costs less than a home owner’s policy and it’s customizable nature lets you pick what is covered.

What Dwelling Fire Insurance Covers
Don’t let its name mislead you. Depending on the insurer, a dwelling fire policy may cover: 

• fire damage
• smoke-related damage
• explosions
• wind damage
• vandalism

The policy lists only the specific hazards covered. You can choose to cover only the structure or its contents, too. You can customize a dwelling fire policy to cover exactly what you need, including liability. 

Who Benefits from a Dwelling Fire Policy?
Many home owners don’t need a full home owner’s policy. Dwelling fire insurance makes the ideal choice for the following:

• Landlords who need to insure the building, but not its contents.
• Property owners whose home is under construction or renovation.
• Owners of a second home or a vacation home.
• Home owners of properties with a very low cash value like mobile homes or manufactured homes.
• Home owners of historic properties whose structural features make a homeowner’s policy cost prohibitive.
• Owners of significantly older structures in disrepair.

Visit Advantage Insurance Network of Cincinnati, OH to discuss whether a dwelling fire insurance policy works for you. Your Advantage agent can help you design a policy that exactly fits your needs. Remember that only a flood insurance policy covers flood, so if your home resides in a flood zone that requires coverage, you’ll need a separate flood policy. Let us help you design the perfect dwelling fire policy for you.