Case study: Dwelling under construction coverage
Tania is planning to renovate her basement into another bedroom, completing most of the work herself. She notifies her insurance company about the project and adds dwelling under construction coverage to her policy.
During the project, someone steals her lumber, drywall, ceiling tiles and ceiling framework, items not covered by her standard home insurance policy. Her dwelling under construction coverage pays the $5,000 to replace those materials so Tania could complete her renovation.