Loss of Use coverage provides a financial safety net if a covered peril makes your home uninhabitable. It consists of two main parts: Additional Living Expenses (ALE) and Fair Rental Value. If your home is damaged by fire or storm, this coverage ensures you don’t have to pay out-of-pocket for temporary housing while repairs are underway. This limit is typically set at 20% to 30% of your Dwelling Coverage, which is vital given the rising costs of short-term rentals.
Loss of Use
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