Is it Time to Update Your Loss of Use Coverage?

Do you have enough loss of use coverage if you can’t stay in your home as it’s being repaired from a claim?

Homeowners carry Homeowners Insurance Coverage to protect themselves and their loved ones. Loss of Use coverage is built into your Home Owners coverage. 

If you are in the unfortunate position of being unable to stay in your home due to a loss, the Loss of Use Coverage is what you would depend on. 

You may be stuck looking for a temporary place to live while you are waiting for repairs to your home. This can become very expensive very quickly.

You may need to move into a hotel or even rental property depending on the amount of damage needing repairs. 

Loss of Use Coverage generally covers the cost of daily life that you have incurred due to the covered loss.

  • Temporary Housing – this includes hotels or a long-term rental 
  • Moving Cost
  • Cost of groceries or restaurant meals above your normal expenditures
  • Storage is needed for furniture or other household items
  • Laundry expenses
  • Transportation Fees
  • Pet Boarding

As the cost of everything has recently increased, the amount of coverage you need to carry is increasing too. Now is a great time to have the number of additional expenses you may incur re-evaluated.  

When you have the proper amount of Loss of Use coverage, you can have confidence that you are prepared for unexpected losses. 

If you are displaced from your home, it is important for you to have what you need to take care of yourself and your family. 

Now is the time to have your coverage updated. It is important to have a qualified independent and local insurance agent go over your homeowner’s coverage at least once a year, but when costs are changing as quickly as they are you may want to have things looked over sooner rather than later.

Ready to review your coverage? Complete our online form here for a custom quote or give us a call at 614-876-463

About Us

Welcome to Crunelle Insurance, your trusted partner for comprehensive and tailored insurance solutions. Based in Central Ohio, we’re a locally-owned firm deeply committed to securing your peace of mind. 

With years of expertise in business, property, auto, and umbrella insurance, we’re here to help you navigate life’s uncertainties. Let us put our knowledge to work for you, so you can focus on what matters most: living your life with greater confidence.

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