what is coverage c in homeowners insurance
What are the limits in the standard homeowners policy? [Note: this answer is based on the Insurance Services Office's HO-3 policy.] Coverage A and B cover your dwelling and other structures on the premises on an âall risksâ basis up to the policy limits. You set the limit for Coverage A when you buy the policy. The Coverage B limit is usually equal to 10% of the policy limit on Coverage A. Coverage C covers losses to your personal property on a ânamed perilsâ basis, which means youâre covered for all the perils specifically named on your policy.