In Connecticut, what is mandatory coverage for homeowners' insurance policies?

In Connecticut, mandatory coverage for homeowners' insurance policies includes coverage for dwelling, personal property, liability, and additional living expenses. This comprehensive approach to coverage is designed to protect homeowners from various risks associated with owning a home.

Dwelling coverage protects the structure of the home itself against hazards such as fire or wind damage. Personal property coverage safeguards the belongings inside the home, covering losses against theft or damage. Liability coverage provides financial protection in case someone is injured on the property and decides to sue the homeowner, while additional living expenses cover costs incurred when the home becomes uninhabitable due to a covered event, such as temporary lodging. Thus, having these four components ensures a more complete protection strategy for homeowners, aligning with the state's requirements for adequate coverage.

This multi-faceted coverage underscores the importance of safeguarding both the physical property and the homeowner's liability, reflecting best practices in the insurance industry and ensuring that policyholders have the support they need in the face of unexpected events.