Insurance

What is a Dwelling Fire Policy?

Dwelling Fire Policy

[dwel-ing / fahyuh r / pol-uh-see]

noun

1.

A Dwelling Fire Policy differs from a standard Homeowner’s Insurance Policy by explicitly listing the hazards covered by the Policy. Dwelling Fire Policies don’t have to only cover damage from fire and smoke, they can also cover damage from things like wind, explosions, or vandalism, if those causes are specifically written into the Policy. These policies are useful for a dwelling that will not be inhabited by the owner, such as a landlord insuring a rental property.

Share |

Have A Question About This Topic?

Thank you! Oops!

Related Content

Be My Beneficiary

Be My Beneficiary

Here’s a surefire way to keep the romance in your relationship: Light the candles. Uncork the wine. Pull up a spreadsheet...

Ask a Financial Professional: Prepping For Parenthood

Ask a Financial Professional: Prepping For Parenthood

No couple is a 100% ready for a baby. So how expectant parents can get primed for the biggest change of their lives?

Retiree Health Care Coverage Overseas

Retiree Health Care Coverage Overseas

Retirees traveling abroad need to know that their health insurance travels with them.