This is crucial because an event could occur that might render
your condo unlivable and you experience a total loss of property.
Not exact matches
Loss of use coverage comes into effect if your rental
condo is made
unlivable and you are out of a place to live.
In the event your
condo is
unlivable, loss of use coverage provides a monetary compensation for you to live elsewhere temporarily.
Loss of use coverage is another renters insurance option and will pay for the moving costs incurred if your
condo is made
unlivable.
If your
condo or house is rendered
unlivable, you will need the money to rent a new place and replace your personal possessions.
It includes protection for your personal possessions, coverage against personal liability concerns, and money set aside for additional temporary living expenses that may follow a catastrophic event such as an apartment fire or storm damage at your
condo making it
unlivable.
Loss of use coverage will pay for the additonal moving expenses and alternative accommodation if your
condo is made
unlivable while renting.
Loss of use monthly renters insurance will pay for the additonal moving expenses and alternative accommodation if your
condo is made
unlivable while renting.
In the event that your rental house, apartment,
condo, townhouse or loft is rendered entirely
unlivable, you need insurance to cover your expenses to rent a new property.
Also, be sure to include coverage for living expenses in the policy in the event that something happens, like a fire, that renders the
condo, home, or loft
unlivable.
The last thing you want to worry about during a hailstorm, a fire or any other natural disaster is how you will pay to replace your furniture or where you will find the extra cash to front a hotel for your family if your
condo becomes
unlivable.
As an additional benefit, you can also qualify for relocation assistance to help meet the additional cost of living if you should have to vacate your house or
condo after an emergency because it is
unlivable.