Which of the following statements about coverage for loss of use (Coverage D.under the Homeowners 3 policy is true?
A)If a covered loss makes the home unfit for living,the insurer pays additional living expenses the insured may incur as a result of the loss.
B)The duration of payments for additional living expenses is limited to a maximum of 30 days.
C)There is no coverage for loss of rent if an insured peril makes the part of the premises rented to others uninhabitable.
D)There is coverage for loss of business income if an insured peril forces a home business to be terminated.

Question

Quizplus · Accepted Answer

Coverage for loss of use (Coverage D) under the Homeowners 3 policy provides coverage for additional living expenses the insured may incur if the home is unfit for living due to a covered loss. This can include expenses for temporary housing, meals, and other necessary expenses that exceed the normal living expenses.

Which of the Following Statements About Coverage for Loss of Use