Your home insurance coverage is one of the most important types of insurance coverage that you possess. But understanding your home insurance policy is not always simple. Home insurance can be confusing, and we are here to help you sort through the tricky policy jargon so you can better understand your policy.
Today we are going to discuss loss of use. Loss of use is a type of coverage that reimburses the expenses incurred if your home becomes uninhabitable. But what exactly does loss of use cover?
Check out this list to find out:
- Temporary Housing (hotels, bnb, apartment, etc.)
- Utilities of New Living Quarters
- Credit Check Fees Required for Temporary Housing
- Cell/Landline Phone Bills
- Gas Expenses if Temporary Home Has Further Commute
- Transportation and Parking Costs
- Storage Unit Expenses
- Restaurant Meals
- Groceries/Food Above Usual Spending
- Dry-Cleaning/Laundry Expenses
- Pet Boarding Expenses
- Moving Costs
As you can see, loss of use coverage can ease the blow if you are out of your home for a temporary period of time. If you have doubts about the limits of loss of use coverage, then chat with your insurance agent for specifics.
At Beck Insurance Agency we have decades of experience serving home insurance in Haskins, Holland, Otsego, Tontogany, Perrysburg, Toledo, and the surrounding areas. With comprehensive coverage options from several of the nation’s top home insurance carriers, we work directly with you to find the right home insurance to meet your needs and budgetary expectations. By conducting an in-depth assessment of your coverage needs, we present you with a wide selection of home insurance options to keep your property safeguarded.
From home insurance for your primary home, secondary residence, vacation home, and more, we have all the home insurance solutions to protect your investments. Contact us today to get a quote and learn more about home insurance for Haskins, Holland, Otsego, Tontogany, Perrysburg, Toledo, or the surrounding areas.
