Insurance

What is a Dwelling Fire Policy?

Dwelling Fire Policy

[dwel-ing / fahyuh r / pol-uh-see]

noun

1.

A Dwelling Fire Policy differs from a standard Homeowner’s Insurance Policy by explicitly listing the hazards covered by the Policy. Dwelling Fire Policies don’t have to only cover damage from fire and smoke, they can also cover damage from things like wind, explosions, or vandalism, if those causes are specifically written into the Policy. These policies are useful for a dwelling that will not be inhabited by the owner, such as a landlord insuring a rental property.

Have A Question About This Topic?

Thank you! Oops!

Related Content

Choosing a Business Structure

Choosing a Business Structure

Entrepreneurs all face the same question, “Which business structure should I adopt?”

Teen Drinking and Your Liability

Teen Drinking and Your Liability

Drinking may be a “rite of passage” for teens, but when it occurs in your home you may be held responsible for their actions.

What is a Deductible?

What is a Deductible?

Do you know what a Deductible is?