What percentage of dwelling coverage typically applies to "Other Structures" coverage?

What percentage of dwelling coverage typically applies to "Other Structures" coverage?

• A. 5%
• B. 10%
• C. 15%
• D. 20%

Answer: (B)

The typical coverage for "Other Structures" under a homeowners policy is indeed 10% of the dwelling coverage. This provision applies to structures on the property that are not attached to the main dwelling. Examples of "Other Structures" include detached garages, sheds, fences, and swimming pools. This percentage is designed to provide adequate insurance for these additional structures while not overly extending the dwelling coverage. Since the primary focus of the policy is the main residence, allocating 10% to other structures effectively balances the coverage needs for both the primary dwelling and auxiliary structures. Understanding this allocation can help homeowners assess whether they have adequate protection for their entire property, ensuring that all structures are covered appropriately in the event of damage or loss.

The typical coverage for "Other Structures" under a homeowners policy is indeed 10% of the dwelling coverage. This provision applies to structures on the property that are not attached to the main dwelling. Examples of "Other Structures" include detached garages, sheds, fences, and swimming pools.

This percentage is designed to provide adequate insurance for these additional structures while not overly extending the dwelling coverage. Since the primary focus of the policy is the main residence, allocating 10% to other structures effectively balances the coverage needs for both the primary dwelling and auxiliary structures.

Understanding this allocation can help homeowners assess whether they have adequate protection for their entire property, ensuring that all structures are covered appropriately in the event of damage or loss.