What term refers to a house or structure also identified as a primary risk?

The term that refers to a house or structure identified as a primary risk is "dwelling." In the context of insurance and risk assessment, a dwelling specifically denotes a residential building intended for people to live in. This encompasses homes, apartments, and other residential structures. When insurers evaluate risk for policies, they often focus on the dwelling since it is central to homeowner’s insurance. The risks associated with the dwelling include property damage, liability, and personal property loss, making it a key subject in insurance discussions.

In contrast, while "property" and "asset" can also refer to physical structures or things of value, they are broader terms that include various types of items beyond just residential buildings. "Facility" typically refers to a place providing a particular service or function and is often used in commercial contexts rather than strictly residential ones. Therefore, "dwelling" is the precise term that captures the primary risk associated with residential structures.