Additional living expenses coverage pays for the costs of living away from home if you cannot live in your home because of an event that is covered under your homeowners insurance. This covers hotel bills, meals, furniture rentals and other costs accumulated while your home is being repaired or rebuilt.
Additional living expenses have limits and some policies have time limitations. These limits are separate from the amount available to rebuild or repair your home.
If a portion of your house is rented out, additional living expenses coverage will also cover the rent that you would have collected from a tenant.
It is very important to stay organized and track every expense. Make sure to save all your receipts to make the reimbursement process easier.To avoid problems any problems with your insurance company, make sure you carefully review your homeowner’s policy and get written approval for expenses that you are not sure are covered.
Do you need more information about homeowner’s insurance? Our agents and customer service representatives are here to help. Call us today at 1-888-949-6289 or visit your nearest Insurance Navy location. For your convenience, Insurance Navy is open from 8 a.m. to 9 p.m. CST, 7 days a week.
*Please review your own policy carefully for details on homeowners insurance. Homeowner’s insurance varies by insurance company and policy.