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Coverage A Through F (Homeowners)
Homeowners insurance policies divide coverage into six lettered sections, Coverage A through Coverage F, each protecting a di…
Glossary
Insurance terms, in plain language.
This is the one place on the site where insurance vocabulary is allowed to show up by name.
Last reviewed: June 2026. Updated regularly as new terms are added.
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Dwelling Coverage
Dwelling coverage, labeled Coverage A on a homeowners policy, pays for physical damage to the structure of your home: walls,…
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Dwelling Form Codes
Dwelling form codes are industry designations for policies used to insure non-owner-occupied residential properties: rental h…
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Equipment Breakdown
What is equipment breakdown coverage on a homeowners policy?Equipment breakdown is an endorsement on a homeowners policy that…
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Guaranteed and Extended Replacement Cost
What is guaranteed extended replacement cost?Guaranteed replacement cost and extended replacement cost are endorsements added…
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Homeowners Form Codes
Homeowners form codes are standardized designations, HO-1 through HO-8, that describe how broadly a homeowners insurance poli…
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Loss of Use
Loss of use coverage, labeled Coverage D on a homeowners policy, pays for the extra living expenses you incur when a covered…
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Loss Payee and Mortgagee
What is a loss payee or mortgagee on an insurance policy?A loss payee is a third party named on an insurance policy who has…
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Named Storm Deductible
A named storm deductible is a separate deductible on a homeowners policy that applies only when damage is caused by a hurrica…
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Ordinance or Law
Ordinance or law coverage is an endorsement on a homeowners policy that pays the added cost of bringing a repaired or rebuilt…
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Other Structures
Other structures coverage, labeled Coverage B on a homeowners policy, pays for damage to detached buildings and permanent str…
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Personal Property Coverage
What is personal property coverage on a homeowners or renters policy?Personal property coverage, labeled Coverage C on a home…
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Service Line Coverage
Service line coverage is an endorsement on a homeowners policy that pays for physical damage to the underground utility lines…
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Wind and Hail Deductible
A wind and hail deductible is a separate, typically higher deductible that applies specifically to losses caused by windstorm…