Water Restoration Group

Tuesday, August 31, 2010

Did you know?

Most homeowners policies provide for funds for additional living expenses. These are the amount you must incur over and above your normal expenses to live when you become displaced from your home by a covered loss.
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QUESTION: If a tornado damages our home to the point that we cannot live there safely, will our homeowner's policy cover staying in a motel?

ANSWER: Many homeowner's policies have provisions to pay a reasonable increase in living expenses which are necessary to maintain the insured's normal standard of living. it is important to check your policy to find out if you have this coverage. If you do, you also need to find out what amount your policy will pay.

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