5 An insured’s house is damaged by a fire and is uninhabitable. As a result, the insured has to rent an apartment until repairs

Question

3 years ago

14

5 An insured’s house is damaged by a fire and is uninhabitable. As a result, the insured has to rent an apartment until repairs

are made. A dwelling insurance policy will pay for the expense of renting the apartment. Which type of broad or special form coverage does the insured have?

Business

1 answer:

Nata [24] · Answer 1 · 2022-06-23T04:51:09+03:00

Answer:

Coverage E - Additional Living Expense

Explanation:

Based on the scenario being described within the question it can be said that this individual has a Coverage E - Additional Living Expense. This is an insurance coverage that covers the home-owner with compensation when they they are not able to live in their house due to an loss or a claim which is insured. Such as damage due to fire, like in this scenario which made the house uninhabitable.