What is "Coverage B" in a homeowners policy?

Coverage B in a homeowners policy pertains specifically to "Other Structures." This coverage is designed to protect buildings and structures on the property that are not attached to the main dwelling. Examples of these structures include detached garages, sheds, fences, and gazebos. Coverage B typically insures these additional structures against various perils similar to those that cover the primary home, ensuring that the policyholder has financial protection for these assets as well.

Understanding this coverage is essential because it signifies that homeowners have financial support not only for the main residence but also for other important features of their property that may incur damage. Such protection can be crucial in maintaining the overall value of the property and ensuring the homeowner’s investment is safeguarded.