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

Understanding the Basics of Medigap Policies

Understanding the Basics of Medigap Policies

Important as it is, Medicare does not cover the full range of health-care expenses you may experience in your golden years.

How Can I Be a Confident Spender in Retirement?

How Can I Be a Confident Spender in Retirement?

Imagine you’ve been invited to go paragliding. It’s your first time and you’ve bought a top-of-the-line paraglider.

The 12 Steps to Living Confidently: Retire With Confidence

The 12 Steps to Living Confidently: Retire With Confidence

There are good ways to retire and bad ways to retire. Retire the right way by better understanding Social Security.