Understanding Loss of Use Coverage in Homeowners Insurance
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Updated: October 26, 2023
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Loss of use coverage pays for the costs incurred if your home is rendered unlivable due to a covered peril. It covers expenses like hotel stays and meals to help you maintain your standard of living during repairs.
Updated: October 26, 2023
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About Mark Fitzpatrick
Mark Fitzpatrick has analyzed the property and casualty insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. Currently, he leads P&C insurance content production at MoneyGeek. Fitzpatrick has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.