Dwelling This amount of insurance applies to the dwelling and attached structures. The limit of insurance for the dwelling is based on the value of the home and what it would cost to replace the home. This coverage limit applies to detached structures such as a garage or storage shed. The insured can purchase a higher limit. Personal Property Coverage C provides worldwide coverage for personal property of the insured.
Special limits apply to some types of property, and some property is excluded from coverage.
Coverage C can be modified in several ways with endorsements. If the insured was to temporarily lose use of the dwelling this coverage would apply. Payment would be made for expenses incurred to live elsewhere following a loss that makes the home unsuitable for living. Another method used to determine payment for loss of use is fair rental value, which is the amount of rent that could reasonably be charged for the premises, less any expenses that do not continue while the premises are unsuitable for living. Personal Liability Section II of the homeowners policy provides liability coverage for personal loss exposures.