What Is Dwelling Coverage In Home Insurance? 
Simply stated , the listed Dwelling coverage is the amount for which your home is currently insured . This is most commonly based upon the calculated reconstruction amount of the building . The policy will more than likely include a `` replacement guarantee '' settlement provision which means that should the house be damaged by a covered peril , the policy would pay the settlement based upon current construction costs . As always , check with your insurance professional to discuss the specifics of your policy . 