What Is Renters Insurance Loss Of Use?

1. 

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   Ted Ratliff

   Owner, SFS Associates,

   Loss of Use for both Renters and Homeowners Insurance pays for any additional expenses incurred if you are forced to leave your home or apartment while repairs are being made.  For example, you have to pay additional housing costs because of staying in a motel, you have to eat out more because you have no place to cook your food, you have to store your salvagable furniture in a storage facility.  These type of things would be included under Loss of Use.

   Answered on June 12, 2013

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2. 

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   Kelly Moser

   Social Media Strategist, Disability Insurance Services, California

   Loss of Use, typically referred to as Coverage C, provides payment to an insured if their home becomes uninhabitable due to an insured loss.  For example, if the place you are renting is damaged due to fire, vandalism, smoke, etc., you will be reimbursed for the nights spent at a hotel.

   Answered on August 19, 2013

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