Homeowners policies provide six main types of coverage, labeled A-F. Other minor coverages are often written into the policy. Coverages are typically based on dwelling coverage. For example, coverage B (detached structures) is limited at 10% of dwelling coverage. If a dwelling coverage is $200,000, then detached structures are covered for $20,000 (10% of $200,000). HO3 is the most common type of homeowners policy, therefore we will use HO3 coverage limits as examples.
- Homeowners Coverage A: Dwelling, attached structures.
- Homeowners Coverage B: Other structures, separated structures.
- Homeowners Coverage C: Unscheduled personal property.
- Homeowners Coverage D: Loss of use.
- Homeowners Coverage E: Personal liability.
- Homeowners Coverage F: Medical payments.
