Dwelling insurance helps protect the structure of eligible non-owner-occupied properties from covered losses. It’s commonly used for rental homes, seasonal residences, or vacant properties that aren’t covered by a standard homeowners policy.

Most dwelling insurance policies include:

Property Protection: Covers the dwelling against covered events such as fire, wind, hail, and certain types of weather-related damage.

Liability Coverage: Helps protect you if someone is injured on the property and you’re found legally responsible.

Other Structures: May provide coverage for detached garages, sheds, fences, or other qualifying structures on the property.

Optional Coverages: Depending on your policy, you may be able to add protection for personal property, loss of rental income, or additional liability coverage.

Dwelling insurance is often a good choice for property owners who rent out a home, own a vacant property, or have a seasonal residence. Because standard homeowners insurance is generally intended for owner-occupied homes, dwelling insurance can provide coverage that’s better suited to these types of properties.

Whether you own a single rental home or multiple investment properties, the right policy can help protect your investment from unexpected losses and liability risks.

Several factors can influence the cost of dwelling insurance, including:

Property Location: Homes located in areas prone to severe weather or higher claim activity may have higher premiums.

Property Type & Condition: The age, size, construction materials, and overall condition of the property can affect insurance costs.

Occupancy Type: Whether the property is tenant-occupied, vacant, or used seasonally can impact your premium.

Coverage Limits & Deductibles: Higher coverage amounts and lower deductibles generally result in higher premiums.

Claims History: Previous claims on the property or your insurance history may also influence your rate.