If you have never heard of dwelling insurance, you may be wondering what it covers and if you need it to provide protection for your home. Dwelling insurance is similar to homeowners insurance in that it can protect your house and your personal possessions, but there are some key differences between the two policies. The insurance team at Texas County Mutual Insurance, located in Licking, MO, are here to explain if you need a dwelling insurance policy when you decide to purchase a home.

What Is Dwelling Insurance?

Dwelling insurance differs from home insurance in that it is a less comprehensive type of policy, covering only the structure of your home. It covers certain standard perils that can damage your home, including wind damage, smoke damage, and lightning or fire damage, but you can add on other perils such as vandalism or theft. It covers the structure of the property and anything attached to your house, including an attached garage or a deck, but usually not unattached items like garages or sheds. If you want to cover unattached structures, they must be added to your policy separately.

Is Dwelling Insurance Best For You?

Dwelling insurance is commonly purchased if you own a rental or vacation property that you don’t currently live in or have any possessions in — homeowners insurance, however, is recommended to protect a home you live in. Home insurance covers the structure in addition to protecting your possessions and providing liability coverage, providing more comprehensive coverage than dwelling insurance alone.

Let the insurance experts at Texas County Mutual Insurance protect your valuable assets through their mobile home, farm, and machinery insurance policies. Give them a call at (573) 674-3125 to receive no-obligation insurance quotes, or visit them online to learn more about their dwelling insurance policies. You can also find them on Google +.