If your home is badly damaged you won’t be able to live in it while it’s being fixed or replaced. That means you may have to pay rent somewhere while you’re also paying your mortgage. The Loss of Use coverage on your home insurance policy pays those additional expenses for you.
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15.11.10 Primary Coverages Provided By Your Home Policy With Smith Insurance – Part IV, Loss of Use
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10.11.10 Primary Coverages Provided By Your Home Policy With Smith Insurance – Part I, Dwelling
The word Dwelling in your home policy essentially refers to your home itself. It includes attached structures, as well … like an attached garage. The Dwelling Limit (or Amount of Insurance) stated on your Declarations page indicates the most the insurance company will pay to replace your home if it’s destroyed by a covered claim. Is it enough?