What is the minimum coverage amount for Coverage A (Dwelling) in a homeowners policy?

In a homeowners insurance policy, Coverage A (Dwelling) provides coverage for the structure of the home itself. The minimum coverage amount is typically established to ensure that the policyholder has enough protection to cover the basic costs associated with rebuilding or repairing the home in the event of a covered loss.

The amount of coverage can vary based on state regulations and insurance company policies, but in Wisconsin, the minimum coverage amount has been established as $15,000. This amount is designed to cover fundamental rebuilding costs and is a baseline figure to ensure that homeowners are somewhat protected against total losses.

Homeowners should review their needs and possibly consider higher coverage limits based on the value of their home and local rebuilding costs, but understanding that the starting point is $15,000 is crucial for anyone dealing with homeowners insurance in Wisconsin.