I am not able to reside inside my home as of a fire. Should my property coverages pay for the expenses of room and board at a lodge or motel?
“Additional living expense” insurance (also called “loss-of-use”) is one of the most valuable components within a normal property ensurance policy. This coverage pays the bill for your lodging expenses, eating bills, and other additional living expenses if your house is too badly harmed to live within during the repairs. Don`t plan on live in the expensive hotels and dining at pricy restaurants, however; odds are that your home insurance plan will merely pay the difference from your regular living expenses and any additional costs. The limit of coverage changes depending on the home insurance company. It might be determined according to a percentage of total home coverage or limited by a specified length of time. It`s time to obtain further Home Insurance FAQ related information. Simply check out…
