Understanding Property Structure Coverage: How It Can Help Rebuild Your Home After a Covered Disaster

When disaster strikes, whether it’s a fire, storm or other catastrophic event, property structure coverage can be your financial lifeline. This essential component of homeowners insurance is designed to help you rebuild or repair your home if it’s damaged or destroyed by a covered peril.

What Is Property Structure Coverage?

Property structure coverage, often referred to as dwelling coverage, typically includes the physical structure of your home, such as the walls, roof, foundation and built-in appliances. In many policies, it also extends to attached structures such as garages and decks. If your home is rendered uninhabitable due to a covered event, this coverage can provide the funds necessary to restore it to its original condition—or even better, depending on your policy terms.

The amount of coverage you have is usually based on the estimated cost to rebuild your home, not its market value. Make sure your policy reflects current construction costs, which can fluctuate due to inflation, labor shortages or material price increases.

Adequate property structure coverage can mean the difference between a smooth recovery and a financial nightmare in the aftermath of a disaster. It allows you to focus on rebuilding your life, knowing that the structural integrity of your home is protected.

To maximize your protection, review your policy annually and update it as needed, especially after renovations or additions. Consider endorsements like extended or guaranteed replacement cost coverage for added support.

Learn More

To review your homeowners insurance coverage, contact Pro Line Insurance Agencies.

This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.