Tag: Insurance

Loss of use coverage is part of every standard homeowners insurance policy. While other portions of the policy help pay for repairing your home if it’s severely damaged, loss of use coverage is there for your everyday living expenses while the work is done. Unfortunately, major home repairs can’t happen overnight, and simultaneously your expenses can increase dramatically....

Additional Living Expenses

Homeowners Insurance

+ 4 more

Posted on 05/30/2022

3 Things You Should Know About Insurance for Home Renovations

If you own a home, then you have a home insurance policy. This policy is there to provide you with coverage in the event of something unexpected — such as significant damage from a storm or stolen property. If your home is damaged, you may be able to put some of your insurance claim toward upgrades and renovations,...

Home Improvement

+ 10 more

Posted on 04/25/2022

Understanding additional living expenses

Every homeowners insurance policy includes a percentage of coverage for additional living expenses. If you’re temporarily displaced from your home because of damage, this coverage can help you pay for the additional everyday expenses until you’re able to move back in. But what exactly does additional living expense (ALE) coverage include? Here is a basic guide to the...

Additional Living Expenses

ALE Coverage

+ 4 more