What is “Loss Of Use” and why is it on my policy?

Loss of Use is one of the main coverages on standard homeowner’s policies and is one of the lesser known coverages. Essentially if your home is ever rendered uninhabitable by a covered claim, Loss of Use helps you pay for your increase in living expenses due to the loss of use of your home. The living expenses this coverage typically reimburses you for include hotel, food, and dry cleaning. The main point of this coverage is to help you maintain your normal standard of living until your home has been repaired.

The other primary coverages on standard homeowner’s policies are Dwelling, Other Structures, Personal Property, Personal Liability and Medical Payments. As with all coverages on a home policy, there are certain exclusions. You will want to discuss any questions about specific coverages and exclusions with your agent.

Disclaimer: Information found on this webpage is intended for general use only and does not in any way guarantee or exclude coverage for a specific policyholder. This information is not intended as a substitute for professional advice. Please refer to your insurance policy for specific coverage and exclusion information.