Question

An insured suffers a covered loss to some rental property that forces the tenant to move to another location. Under which section of the dwelling policy would the insured receive payment during the time the property is being repaired

A) Section A - Dwelling coverage
B) Section B - Other Structures coverage
C) Section C - Personal Property coverage
D) Section D - Loss of Use coverage

Answer 1

The insured would receive payment during the time the rental property is being repaired under Section D - Loss of Use coverage of the dwelling policy.

Step-by-step explanation:

The insured would receive payment during the time the rental property is being repaired under Section D - Loss of Use coverage of the dwelling policy.

Section D - Loss of Use coverage provides reimbursement for additional living expenses incurred when the insured cannot live in their rental property due to a covered loss.

For example, if a fire damages the insured's rental property and forces the tenant to move out, the insured can file a claim under Section D - Loss of Use coverage to receive payment for temporary housing and living expenses until the repairs are completed.