One component of your home insurance policy that protects your home and its contents, including an attached garage, countertops, floors, and built-in appliances, is dwelling coverage (often referred to as Coverage A on a homeowners or condo insurance policy). The dwelling coverage in your policy may cover the cost of rebuilding, replacing, or repairing the physical structure of your home in the event that it is damaged by a covered risk. Every homeowners or condo policy includes dwelling coverage. Dwelling coverage is a crucial component of home insurance because, in most cases, your home represents your most valuable asset.