Leigh Insurance Agency of St Augustine Blog
Have you been in the situation of needing to have your home repaired after a major disaster?
Your insurance policies often cover maintenance, repair, and renovations, but what if you would need to move to another place while the repairs are done? How will you cover these expenses?
The following paragraphs will answer that question and much more. If you want to learn more about additional coverage, continue reading.
Understanding the Gravity of the Situation
Repairs won't take more than a day or two most of the time. However, sometimes repairs become so extensive that you would have to leave the house for a few days before you can use its amenities again.
In this situation, you would need to ensure that the additional expenses of moving to a hotel or any other temporary establishment would be covered by your budget. However, if it doesn't work, the Coverage D of your homeowners' insurance policy has your back.
What Is Coverage D?
This particular type of coverage for insurance policies refers to loss of use. It covers the additional living expenses of moving to a hotel or a rented space for a few days or months if necessary.
The specific coverage limits may vary depending on your insurance provider. So it would be best for you to find out personally by asking your company about what they have to offer in terms of coverage D limits and scope.
This way, you will know what you can expect from the homeowners’ policy before you even begin the purchase.
It's all about finding out the right information for things you might need in the future. If you can get a hold of reliable sources, it wouldn't be hard to find out the truth about your homeowners' insurance coverage.
At Leigh Insurance Agency, we do our best in making sure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (904) 826-0799 or Click Here to request a free quote. Coverage discussed in this article is not guaranteed. Please contact our agents today to ensure that your needs are being met and learn more about your policy. We are happy to help!