What section of a homeowners policy deals with property?

The section of a homeowners policy that deals specifically with property is indeed Section I. This section outlines the coverage for the dwelling itself and personal property owned by the policyholder. It typically covers perils such as fire, theft, vandalism, and other risks that may cause damage to the home or the belongings inside.

Understanding Section I is crucial for homeowners because it determines what is protected under the policy and sets the limits for various types of property coverage. Homeowners must be familiar with the specifics of this section to assess whether their coverage meets their needs and to identify any necessary endorsements or additional coverage that may be required based on their unique situation. This knowledge helps ensure that they are adequately protected against potential losses related to their property.