What is a typical requirement for obtaining a Dwelling Insurance Policy?

A Dwelling Insurance Policy is primarily designed to provide coverage for properties that are not owner-occupied but are rented or leased to tenants. This type of policy protects landlords from losses resulting from damages to the physical structure of the property, as well as potential liabilities that could arise from tenant interactions or events.

In contrast, owner-occupied properties typically fall under a standard homeowners insurance policy, making option B the most apt choice for a Dwelling Insurance Policy. This type of policy can also cater to the unique needs of properties that are specifically used for rental purposes.

Other options such as commercial usage or vacant properties generally do not align with the purpose of a Dwelling Insurance Policy. Commercial usage would likely require a commercial property insurance policy that addresses the different risks associated with business operations. Similarly, vacant properties could be subjected to different insurance terms or specific policies designed for unoccupied homes, primarily because vacant properties may present unique risks that a standard dwelling policy might not adequately cover.