Property coverage that reimburses expenses incurred from an insured loss which are 'over and above' normal living expenses, typically coverage
a coverage found in the Dwelling Property and Homeowners Programs which reimburses the insured for the additional cost of living resulting from a covered peril that makes the insured premises "uninhabitable."
When damage to or loss of home forces an insured to keep a temporary residence elsewhere in order to maintain a normal standard of living. Examples: Hotel accommodations, restaurant meals and laundry expenses.
The extra living expense incurred while the property damaged (by an insured peril) is repaired.
A property coverage included in Dwelling and Older Homeowner contracts, designed to reimburse the insured for an increase in living expenses necessitated by loss to the dwelling. This indirect loss must be the result of direct loss by a covered peril.
The part of homeowners insurance that provides reimbursement for motel rooms, meals and other expenses when loss of property by a covered peril forces you to maintain temporary residence elsewhere. Also called loss of use coverage.
A form of coverage which may be included in a policy, providing funds to pay for increased living costs which result from damage covered by the policy.
Also called loss-of-use. This coverage pays for the extra, above normal costs of expenses such as food and lodging incurred while the policyholder's home is being repaired. These expenses are generally not applicable to children living away at college.
A property coverage which pays for the increased expense of living while the insured's residence is being rebuilt or repaired after damage from an insured peril. Examples are the extra cost of housing the insured's family in a hotel, dining in restaurants, etc.
Pays for the costs of temporary alternate quarters/lodging and extra necessary living costs incurred, while damage from covered loss to the dwelling is being repaired or reconstruction is ongoing. Is included in coverage D in all standard homeowners policies.
The cost incurred when an insured loss requires that you live outside of your home while repairs are made.
An insurance coverage found in all homeowner's policies. It provides indemnity for expenses incurred for usual living expenses more than the amount normally expended. It does not pay all living expenses, only the expenses over the insured's normal expenses.
The purpose of this coverage is to pay for increased expense of living while the insured's residence is being rebuilt or repaired after damage from an insured peril. Examples are the extra cost of housing the insured's family in a hotel, dining in restaurants, etc.
Any increase in living expenses incurred by the insured, so the household can maintain its normal standard of living.
Loss of Use will reimburse you for any additional living expenses incurred by you in an attempt to maintain a normal standard of living if your home is made uninhabitable by a covered peril.
A Coverage designed to pay for additional living expenses made necessary by the loss of your dwelling.
