Home Insurance Incentives
In Part 1 of this short series, we discussed unexpected items that are covered by standard home insurance, which included spoiled food, pairs and sets of items, code requirements and valuables. In Part 2, we investigate additional items and events that a basic home insurance policy covers.
When people think of what a home insurance policy covers, many assume the price of their home and their belongings. In some cases, the policy will also cover the cost of an interior decorator. Coverage only applies if an interior decorator was used to create the home design prior to the damage and if the possessions selected by the decorator get destroyed. You should document any work an interior decorator completes for you, including compiling a list of the specific items they procured to keep for your records.
Damage from Above
A standard home insurance policy does cover damage caused by falling objects. Coverage can include unlikely events such as a meteorite or decommissioned satellite striking your home. A more typical case would be a tree branch in a storm. Additionally, damage caused by the weight of snow on your roof is covered. In any one of the situations, the coverage includes repairing the structural damage to your home and repairing or replacing any possessions inside your home that get damaged.
Loss of Use
If your damaged home is not fit to be occupied while repairs are being made, your policy will pay for the additional expenses incurred by you to stay in alternate accommodations. The accommodations must be consistent with your current standard of living and may be subject to monetary or time limits. Your insurance company will reimburse Additional Living Expenses (a.l.e.) only after you have incurred them and provided sufficient documentation to your adjuster. ALE Solutions, Inc. is a third party company that provides short-term accommodations for displaced policyholders. We specialize in securing the unique housing solutions that meet your specific needs. A major benefit is that ALE pays all covered housing expenses on your behalf and is repaid directly by your insurance company.
A riot or civil unrest can sometimes spin out of control and lead to property damage. Damage to your home or possessions will be fully covered if such an event directly affects you.
At ALE Solutions, we help people impacted by disasters, such as tornadoes, hurricanes, wildfires, house fires and more. At no cost to the policyholder, we provide disaster response, including locating temporary housing options.
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