FYI: Check your homeowners insurance.
Sep. 8th, 2005 02:52 pmWhat is loss-of-use insurance coverage?
Loss-of-use insurance reimburses you for some of your living expenses if you must move out of your damaged home while its being rebuilt or repaired. It pays the cost of reasonable motel bills, meals, and other basic living expenses minus the amount you would normally spend for daily living expenses. Check your policy for limits.
Some policies have loss-of-use insurance built in. Other insurance companies will only tell you about it/give it to you if you ask.
Loss-of-use insurance reimburses you for some of your living expenses if you must move out of your damaged home while its being rebuilt or repaired. It pays the cost of reasonable motel bills, meals, and other basic living expenses minus the amount you would normally spend for daily living expenses. Check your policy for limits.
Some policies have loss-of-use insurance built in. Other insurance companies will only tell you about it/give it to you if you ask.