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Additional living expenses include items such as food and housing costs, and telephone or utility installation costs in a temporary residence.
I Cant Cut the Big 3, Theyre Necessities! It almost seems unreasonable to look at reducing spending in the areas of food, transportation, and housing.
As a general rule, almost every locality requires that the occupants basic needs be met. When such fundamental services as water, electricity, heat or plumbing are unavailable, these deficiencies will usually constitute a basis for determining that the residence is uninhabitable.
What are additional living expenses? They are the extra rent, food, and other costs you wouldnt have if you were still in your home. For example, you might need to pay hotel bills, eat out, do laundry, or rent an apartment while your home is being repaired.
Additional living expense coverage is a standard part of most homeowners, condo and renters insurance policies. It helps pay for increased costs you incur if you are temporarily unable to live in your home due to a covered loss.
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