noun
1.
Loss of Use coverage can help if a policyholder loses the use of their home because of a covered event. For example, if dining out becomes necessary due to an unusable kitchen, Loss of Use coverage typically means the “difference” from normal expenditures will be covered.
There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk.
Creating an inventory of your possessions can save you time, money and aggravation in the event you someday suffer losses.
Here, we discuss the basics of car insurance coverage, including what’s required by law, what coverage you may want to consider, and the importance of understanding deductibles.