Think of a dwelling fire policy as a homeowners policy without the extras. It protects your home against disasters big and small (not just fires!). It can also cover your belongings, additional living expenses or loss of rental income, personal liability, and medical payments. The nice thing about this policy is that you can easily tailor it to fit your needs and how you use the property.
Because a dwelling fire policy is so flexible, it’s a good choice for those who rent out their property.