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Dwelling Coverage

What it means
The part of a homeowners policy that may help repair or rebuild the residence structure after a covered peril.
Tennessee example
Hail shreds shingles on a Clarksville ranch; dwelling coverage is the limit that relates to repairing the roof and related structure — subject to deductible and terms.
Why it hits your wallet
Dwelling limit should track rebuild cost in your market, not purchase price or tax assessment.

Dwelling typically covers the house and attached structures. Detached sheds and fences often fall under other structures. Flood and earth movement may be excluded — read exclusions before storm season.