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| Dwelling, liability, personal injury, and personal property in the event of loss and/or damage. | Liability, personal injury, and personal property coverage in the event of loss and/or damage. | Liability, personal injury, and personal property coverage in the event of loss and/or damage. |
1. Physical structure 2. Personal property 3. Liability exposure 4. Medical expenses for injuries caused on the premises 5. Many natural disasters | 1. Personal property 2. Certain property improvements (i.e. additions, private garage, balconies) 3. Liability exposure | 1. Personal property 2. Liability exposure 3. Additional living expenses (if occurrence was a named peril) |
1. Floods 2. War 3. Nuclear hazard 4. Wind Damage (certain geographic areas) | 1. Any event listed in the policy’s “Exclusions” section, including: A. Earthquakes B. Floods C. Power failure D. Neglect E. Nuclear hazard F. War G. Intentional Acts 2. Common areas such as stairs, elevators, roof | 1. Any event not listed as a named peril, specifically: A. Earthquakes B. Floods C. Power failure D. Building code enforcement E. Neglect F. Nuclear hazard G. War H. Intentional Acts 2. The physical structure |
| Coverage for any person named on the policy, non-tenant residents of the home, guests or visitors | Coverage only for “named perils” | Coverage for 17 specific “named perils” |
| Mortgage lender typically requires coverage. | Pay special attention to the “loss assessment” portion of your policy. | Pay special attention to the “pay out” limitations of your policy. |
