Does homeowners insurance cover temporary lodging?

Answer 1

Home Insurance (HO) Policies generally YES. Dwelling Policies (DP) for homes you own but lease/rent to others generally NO! Insurance Carriers require certain criteria that substantiates that a homeowner cannot function normally if a covered peril such as fire or vehicle impact has killed your water heater or kitchen sink or the entire home is smoked out, and such. An insurance policy is an indemnification (re-imbursing) function which means that the policyholder most often incurs a "covered" expense then the insurance carrier will re-imburse such covered expense (after the per occurrence deductible has been completely absorbed/offset). The hotel one requires should be the same standard of living quality as one resides in so if you live in a $1,5 mil home you could easily stay in an upper quality hotel or even a resort BUT clear that with your handling adjuster prior so there are no surprises. The length of allowable stay is usually the normal length of time that repairs can make your insured home once again habitable and that clock most often begins ticking the second an "agreed price" for repairs has been reached between your RESTORATION General Contractor and the Insurance Company's Adjuster.