When must Coverages D and E be included in a dwelling policy?

Coverages D and E, which pertain to rental value and additional living expenses in a dwelling policy, must be included when any of the primary coverage options—Coverage A (Dwelling), Coverage B (Other Structures), or Coverage C (Personal Property)—are purchased. This inclusion ensures that the policyholder has comprehensive protection that addresses not only the physical structure but also the financial implications if the property becomes uninhabitable or if rental income is lost due to a covered peril.

Including these coverages is essential for homeowners or landlords who wish to mitigate risks associated with potential loss of use or income associated with their dwelling. It reflects a holistic approach to property insurance, emphasizing the importance of not only safeguarding physical assets but also ensuring that the financial stability of the homeowner or property owner is maintained during unexpected events.