Have you ever sat down with your declarations page and really looked over the coverages?
If you haven’t, you definitely should. Most often when people view their policy, they end up asking important questions they didn’t realize they needed to know.
And unfortunately, that usually only happens after a loss has already occured.
Reviewing your Declarations page
When reviewing your home insurance, you’re likely familiar with the first few coverages.
Dwelling, personal property, and other structures seem relatively self-explanatory.
But what happens when you get to things like “Loss of Use?”
Loss of Use

That’s when loss of use factors into play. It’s an alloted amount of money that serves to pay long term hotel or apartment expenses while repairs are being done after a covered loss. Typically this coverage is about 20% of your dwelling coverage.
Have additional questions?
Hopefully this quick example and explanation sparks your interest to read through your declarations page. If you see something you have a questions about, I’d love to help. Just shoot me an email and we can review together.