The Benefits Of Renter's Insurance

Loss of Use

Loss of use coverage is more commonly referred to as additional living expenses coverage. The home or apartment renters are renting is their home even if they do not own it. It’s the place they go at night, the place that makes them feel safe and secure. If something happens and that shelter is no longer livable, renters would be homeless. Additional living expenses coverage can help protect renters from a situation such as this, as it can help pay the cost of their hotel bills while they’re searching for a new place to rent or waiting for repairs to their current rental.

Keep going for how liability coverage comes into play in renter's insurance.