![]() ![]() Sometimes, you may be able to recoup costs associated with storing your personal property in a facility, should you need to remove them from your home. Hotel stays are typically limited to 30 days, but this varies by policy, so read the fine print. ![]() ALE coverage will reimburse you for the cost of a rental home for a specified duration. If your home becomes unsuitable for living in, you’ll still need somewhere to stay. They can include housing, storage expenses, or other related costs. The policy usually defines additional living expenses. It also covers incidental costs such as dry cleaning and laundry service. This provision pays for additional living expenses such as hotel, restaurant, and food costs. What Additional Living Expense Insurance CoversĪ normal standard of living clause is a provision in a home insurance policy that covers the additional living expenses incurred by the insured party when they can’t live in their home due to damage or destruction. What is considered a covered loss varies depending on your policy, so make sure you thoroughly read your policy documents when taking out a policy. Covered LossesĪLE coverage provides you with loss-of-use coverage should your home become uninhabitable due to the following: You may be having repairs done or looking for a replacement home. Unfortunately, you may find yourself in a situation where so much damage is done to your home that you can no longer live in it for a time. This coverage is usually provided with standard homeowners insurance policies, and it will provide some peace of mind in case a disaster strikes. The coverage pays for certain expenses not covered by the standard homeowners insurance, such as hotel and restaurant bills, storage fees, and temporary housing. You can use additional living expenses coverage, a type of insurance if your home is damaged and you need to relocate. ![]()
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