What is the maximum number of roomers or boarders allowed for properties insured under the dwelling policy?

In the context of dwelling policies, especially as they pertain to North Carolina property insurance, the maximum number of roomers or boarders that a property may have and still qualify for a dwelling policy is five. This limit is important because dwelling policies are intended primarily for residences that provide a certain level of personal, non-commercial occupancy. By capping the number of roomers or boarders at five, the policy maintains its focus on residential use rather than transitioning into a commercial enterprise which could attract more risk.

With five roomers or boarders, the insurer can adequately assess risk without the more complex liability exposures that might arise from properties that accommodate a larger number of tenants. If the number of roomers exceeded this limit, the property may require a different type of insurance policy, such as a commercial property policy, which would provide broader coverage that reflects the increased liability associated with having more occupants. Thus, understanding this limit is pivotal for ensuring proper coverage and maintaining compliance with insurance guidelines in North Carolina.