What coverage includes
Dwelling (Coverage A)
- Main structure and attached systems
Other structures (Coverage B)
- Detached garage, fence, pool equipment
- Typically 10% of Coverage A
Personal property (Coverage C)
- Contents, clothing, furniture, appliances
- 50-75% of Coverage A
- Subject to sublimits for high-value items
Loss of use / ALE (Coverage D)
- Extra costs while displaced
- 20-30% of Coverage A typically
Liability (Coverage E)
- Third-party injury or damage
- Different from property coverage
Endorsements
- Law and ordinance
- Scheduled personal property
- Water backup / service line
- Earthquake
- Various specialty
What policyholders frequently miss
- Loss of use / ALE (forget to claim ALE)
- Other structures (forget detached items)
- Law and ordinance endorsement (don't know they have it)
- Scheduled items (don't know they're scheduled)
- Contents depreciation (accept without challenge)
What to do
Before a loss
- Annual policy review
- Policy audit (Ocean Point offers free)
- Identify gaps
- Upgrade if needed
At loss
- Read the relevant coverage sections
- Identify which coverages apply
- Check endorsements carefully
- Ask questions
During the claim
- Challenge scope under the right coverage
- Invoke endorsement benefits
- Track sublimits
- Don't assume carrier knows your coverage