| Additional Living Expenses: |
In residential insurance policies, it is that portion of the insurance contract that allows for the insured to temporarily relocate, because of a damage, disaster or health consequence, caused by the dwelling from its damage. Education Note: If a covered property loss makes the residential premises unfit to live in the policy typically covers the necessary increase in the living expense incurred by the insured so that the insured can maintain their normal standard of living. The insurance policy typically pays for the shortest time needed to a) repair or replace the damaged property, or b) permanently relocate, but in no event for more than 12 months. |