Did you know that if you have loss of use or ALE coverage in your insurance policy, an RV can be covered as a temporary housing option?
In the unfortunate event that you were temporarily unable to live in your home or property due to an incident, how much money would that cost? Depending on how long you had to wait while your home is being rebuilt or repaired, the total cost could really add up. That’s where loss of use insurance kicks in. Also referred to as additional expenses insurance or part D coverage, loss of use homeowners insurance covers living expenses that you incur if your home is deemed uninhabitable as the result of a covered peril.
If you were forced to move out of your house or even a rental property due to...