Loss of Use

Getting Paid for Loss of Use is Critical

Sometimes the damage from a fire, flood or other disaster can be repaired while you and your family stay in the home, but others aren’t so lucky and have to move out of the home because of extensive damage. When you have loss of use insurance coverage, your insurance company should reimburse you for the money it costs you to live elsewhere while your home is being repaired, but collecting this type of insurance can be tricky. At Second Opinion Claims Services, we understand loss of use and will help you collect the settlement amount you need to continue your current lifestyle.

What’s Covered?

Depending on your insurance company and policy, the following expenses may be covered by your loss of use policy:

• Someplace for you to live, such as an apartment or hotel
• Restaurant expenses
• General living expenses
• Your mortgage payments
• Transportation expenses

How Much Will They Pay?

Every insurance policy is different, but most of these types of policies pay the insured an amount that equals about 20 percent of their cost of their home. So, if your home is worth $100,000, you should be able to expect about $10,000 in settlement monies. Some people have additional coverage and a thorough review of the policy will be necessary to determine the exact amount of your coverage.

Avoiding Claim Denials

Before you file a loss of use claim, it’s important to understand the specifics of your policy. If you don’t understand them, it could result in your making a decision about your temporary living facilities that could result in a claim denial. The public adjusters at Second Opinion Claims Services stay up-to-date about these types of claims and can assist you in getting the full amount of settlement money. We will advise you on what the insurance company owes you and help you avoid those things that could cause issues with your claim.

We Go Beyond the Norm

In addition to helping review your claim and getting reimbursed for your out of pocket expenses, we’ll help you with the repair process. We have a list of reliable and honest contractors in your area and will be happy to give you referrals. That’s just one more way we help relieve the stress that comes from dealing with a natural disaster. Don’t deal with this type of insurance claim on your own. Instead, call us and let us put our more than 30 years of experience to work for you.