Though dwelling fire insurance is often compared to class home insurance, these types of policies are different. Dwelling fire insurance is coverage for properties that are not considered the owners’ primary residence. Besides fire, it also covers hail, lightning, wind, vandalism, and other losses. In order to understand this type of insurance better, you need to know who dwelling fire insurance is for:

• Owners of vacation properties

 If you have a secondary residence where you do not keep all your expensive and precious possessions, then it makes sense to get dwelling fire insurance for this property instead of traditional home coverage. 

• Rental properties owners

Whether you have the second house that you rent to someone else, or you are an owner of 30 other rental properties throughout the country, dwelling fire insurance is what your tenants need. This policy will still protect the property itself without the contents inside it. In order to protect their own possessions, tenants will have to carry rental insurance. 

• Homeowners who are not qualified for home insurance

 If a homeowner has a low credit score, or the property is in poor condition and has past claims, then classic home insurance might be unavailable. In this case, the best option will be to get Owner Occupied Dwelling Fire Insurance. 

Whether you are looking for insurance for your vacation house or rental property, Advantage Insurance Network serving Cincinnati, OH is dedicated to assisting you in your search. The mission of trusting and experienced agents of Advantage Insurance Network is to find the best rates for you based on your budget and needs. If you are a property owner from Cincinnati, OH, do not hesitate to give us a call today for more information.