What is Coverage B in a homeowners policy designed to cover?

Coverage B in a homeowners insurance policy is specifically designed to cover "Other Structures," which refers to buildings or structures on the property that are not attached to the primary dwelling. This can include items such as detached garages, sheds, fences, and guest houses. Having this coverage is important because it protects the homeowner from financial loss in the event that these structures are damaged or destroyed due to covered perils, such as fire, windstorm, or vandalism.

This coverage is distinct from other parts of a homeowners policy that address different aspects of a homeowner's needs. For instance, personal property coverage deals with belongings inside the home, medical payments to others relates to injuries sustained by visitors on the property, and loss of use pertains to additional living expenses if the home becomes uninhabitable. Understanding the specific purpose of Coverage B helps homeowners ensure that their insurance adequately protects all aspects of their property.