Any type of coat can suggest warmth and love, but also protection. This protection can be either physical or emotional, and particularly in the case of a cloak, can be the spiritual protection of faith.
A sheepskin coat may emphasize this significance fear of losing the coat can suggest the fear of losing faith and belief.
If the coat is too short or not thick enough it shows we may be fearful that our love, or the protection we have, is not adequate for our needs. Also consult the entry for sheep in animals.... Dream Meanings of Versatile
Dreams of a shawl signify emotional warmth and the need for protection from the chill of rejection or withheld feelings. This dream also signifies your ability to comfort yourself and create your own cocoon of nurturing.... Strangest Dream Explanations
If you dreamed of wearing a shawl on your head, you can expect your love affairs to be satisfactory; to dream of wearing a shawl on your shoulders, or of carrying one, is an omen of a temporary financial difficulty followed by an unexpected gain.
A shawl on its own symbolizes money and/or security and should be correlated to the dream action as such.
See also Colors, Lace, etc.... The Complete Guide to Interpreting Your Dreams