What does Loss of Use Coverage provide for insured individuals?

Loss of Use Coverage is designed to assist insured individuals when their property becomes uninhabitable due to a covered loss, such as a fire or natural disaster. Under this coverage, the insurer provides payment for additional living expenses incurred while the insured is temporarily displaced from their home. These expenses can include hotel costs, meals, and other necessary living expenses that exceed the individual's usual living costs.

This coverage is vital for ensuring that individuals can maintain a standard of living even when their primary residence is not usable. While other types of coverages mentioned in the choices may deal with different aspects of property damage or financial loss, Loss of Use specifically focuses on the costs associated with living elsewhere as a result of an insured event.