Residential Insurance Home-Renters

Residential Insurance: Homeowners and Renters 8 Sometimes companies offer discounts for burglar alarms and fire protection devices such as smoke detectors, alarms, and sprinklers. Ask about the discounts available through the companies you are considering. Discounts What Is Covered By Homeowners Insurance? The homeowners policy contains two sections. Section I provides property coverages (A, B, C and D) while Section II provides liability coverages (E and F). A brief description of the individual coverages follows: • Coverage A — Dwelling • Coverage B — Other Structures • Coverage C — Personal Property • Coverage D — Loss of Use • Coverage E — Personal Liability • Coverage F — Medical Payments to Others Coverage A — Dwelling Coverage A provides major property coverage that protects your house and attached structures if it is damaged by a covered peril. Coverage B — Other Structures This coverage provides protections to other structures on the residence premises that are not attached to the dwelling. Items covered include detached garages, tool sheds, etc. Coverage B is normally limited to 10% of the coverage A limit. However, you may purchase more coverage for an additional premium.