Homeowners insurance in New York: Dwelling Coverage
Dwelling coverage protects not only your house, but also covers the extended features like your garage, your in-ground pool, and more. In order to choose the proper coverage, you should estimate the amount that will cost you to rebuild your home, known as “reconstruction costs”. In this way, it covers the worst case scenario where you would need to rebuild your home.
Homeowner insurance dwelling coverage is also known as Coverage A, which helps to provide financial assistance if your home is damaged or destroyed. Dwelling coverage basically protects your home from fire, smoke, and more. However, earthquakes and flooding are not covered in the standard homeowner insurance in New York state.
