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February 4, 2025
cdorseyins

Loss of Use Homeowners Insurance

Loss of use home insurance and additional living expenses coverage

If damage to your home is covered by your policy and you must leave your home while it’s being repaired, where would you stay? Would the cost of a hotel or temporary apartment fit into your budget? Having loss of use coverage included in your homeowners insurance policy can help. If your home is damaged by a covered loss, loss of use coverage can help pay for your additional housing and living expenses while your home is being repaired or rebuilt.

What is loss of use coverage in homeowners insurance?

Loss of use coverage, also known as additional living expenses (ALE) insurance, or Coverage D, can help pay for the additional costs you might incur for reasonable housing and living expenses if a covered event makes your house temporarily uninhabitable while it’s being repaired or rebuilt.

 

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