Dwelling Policy in Insurance

The part of a homeowner's policy that may help repair or rebuild your home's physical structure, condo, or place of residence if damaged by a covered peril.

The part of a homeowner's policy that may help repair or rebuild your home's physical structure, flat, or place of residence if damaged by a covered peril such as lightning strikes or fires; some versions can cover additional living expenses.

There are different coverages in the tier of policy that you choose. Note: DP stands for "dwelling policy".

- DP-1: for very limited coverage
- DP-2: for moderate coverage
- DP-3: for comprehensive coverage.

Landlord Insurance Glossary Index

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