dwelling fire

What Does Dwelling Fire Insurance Cover?

Posted on by AgentInsure

There are several types of property insurance available to landlords and homeowners. Fire dwelling insurance in Cincinnati, OH, remains a popular choice for both groups due to its unique benefits and specialized coverage.

Popular for Vacant Buildings

Fire dwelling insurance is particularly popular among landlords with vacant buildings. Vacant homes and buildings are often used by individuals seeking shelter during harsh winter weather. Unfortunately, this increases the risk of fires in vacant properties during colder months in Ohio.

Increased Fire Coverage

Specialized fire-dwelling policies typically offer more comprehensive coverage for fire-related damages compared to standard policies. These policies are designed to address the specific expenses associated with fire damage. While other policies may provide broad coverage, they often have lower limits for structural damage caused by fires.

Coverage Provided

Most fire-dwelling insurance policies cover the building’s structure, including walls, roofs, and attached structures. Some policies may also extend coverage to other structures, such as fences or detached garages, depending on the insurance company and the specific policy. Working with an agent at Advantage Insurance Network can help you understand your coverage options.

Covered Perils

Fire is the primary covered peril under these policies. However, some policies may also provide coverage for other events, such as lightning, windstorms, or vandalism. It’s essential to discuss your concerns with an insurance agent to ensure you have adequate coverage before an incident occurs.

At Advantage Insurance Network, we understand the importance of securing coverage that meets your needs. Our agents are here to assist you. Contact us in Cincinnati, OH, today to learn more. 

What Makes Dwelling Fire Insurance Different from Homeowners Insurance?

Posted on by AgentInsure

Homeowners’ insurance is something most people are familiar with, but when you hear the term “dwelling fire insurance,” it might raise a few questions. While both policies offer protection for properties, they’re designed for wildly different situations. At Advantage Insurance Network, serving the greater Cincinnati, OH region, we help clients understand which type of coverage fits their unique needs.

What Is Dwelling Fire Insurance?

Despite what the name suggests, dwelling fire insurance covers much more than just fire damage. It’s a flexible policy that can protect a structure from risks like vandalism, wind, or hail. However, it’s primarily used for properties that aren’t owner-occupied, such as rental homes, vacation houses, or investment properties. This type of policy focuses on the structure itself, not the contents or personal belongings inside.

How Does It Differ from Homeowners Insurance?

Homeowners’ insurance, on the other hand, is designed for your primary residence. It provides broader coverage—not just for the structure, but also for your personal belongings, liability protection, and sometimes even temporary living expenses if your home becomes uninhabitable. It’s a more comprehensive option, but it’s typically not available for homes you don’t live in full-time.

If you’re a landlord or own a second home, a dwelling fire policy might be the right choice. It allows you to protect the building without paying for coverage you don’t need, such as personal property or owner’s liability.

Find the Right Coverage for Your Property

Choosing the right policy can make all the difference in protecting your investment. If you’re unsure which option is best for your situation, the team at Advantage Insurance Network in Cincinnati, OH is here to help. Contact us today to find the coverage that fits your needs.