What does Coverage B in a property insurance policy cover?

Coverage B in a property insurance policy pertains specifically to "Other Structures." This means that this portion of the policy provides protection for structures on the property that are not attached to the main dwelling. Examples of such structures could include detached garages, fences, sheds, or guest houses. Including coverage for other structures is important because it ensures that additional buildings on a property are adequately insured against risks like fire, theft, or certain types of damage.

The other covered areas in property insurance policies serve different purposes. Personal property coverage relates to valuable items inside the home, offering protection for belongings such as furniture, electronics, and clothing. Personal liability coverage protects against legal claims for bodily injury or property damage caused to others. Loss of use coverage compensates homeowners for additional living expenses if they cannot live in their home due to a covered loss. Understanding the specific functions of these coverage types helps policyholders ensure they have comprehensive coverage for all aspects of their property and liabilities.