Dwelling Fire Insurance

Dwelling fire insurance protects residential properties that are not the owner’s primary residence, such as rental homes, vacant houses, and seasonal properties. It may cover damage to the structure from named perils like fire, lightning, and smoke. Ohio landlords and investment property owners often use this coverage to help protect a property that standard homeowners insurance may not cover.

What Is Dwelling Fire Insurance, and Who Needs It?

Dwelling fire insurance is a property policy for homes that the owner does not live in full time. It is commonly used by landlords, owners of vacant or inherited homes, and people with properties under renovation.

What Does a Dwelling Fire Insurance Policy Typically Cover?

Coverage varies by policy, but options may include the following:

• Dwelling coverage for the structure itself
• Other structures coverage for detached garages and sheds
• Fair rental value coverage if a covered loss makes the property unrentable
• Optional liability coverage
• Optional extended coverage for perils such as windstorm, hail, and vandalism

How Is Dwelling Fire Insurance Different From Homeowners Insurance?

Homeowners insurance is built for owner-occupied homes and typically bundles dwelling, personal property, and liability coverage. Dwelling fire insurance policies often name specific covered perils and are designed for non-owner-occupied properties.