What is Covered Under Loss of Use? As mentioned before, if you incur expenses that are above and beyond the norm after switching living arrangements, then your loss of use coverage would come into play.
Temporary Housing
1.
Hotels may cost much more than renting an apartment. Therefore, you would be fortunate to find a rental with a month-by-month lease agreement.
2.
Groceries Loss of use coverage also comes into play when the grocery bill increases far more than your regular bills due to the temporary arrangement.
3.
Pet Boarding Many hotels and apartment complexes are not petfriendly, or you might have to pay a “pet deposit” upon renting a place, even if it’s only temporary.
4.
Moving Between moving and storage costs, you will be taking an unanticipated expense that fortunately would be covered by the loss of use component of your policy.
5.
Transportation Costs If your move to the temporary arrangement requires taking the city transit or rideshare service, then your loss of use coverage can help.
6.
Rental Furniture In the case of a fire, flood, or some other disaster, losing furniture is not uncommon sadly enough.
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