![]() Remember that you will need to prove your claim so take the time to be accurate when submitting your claim to your adjuster. However, you will need to document your expenses and communicate with your claims adjuster from your insurance company. Like any other coverage, ALE will only pay up to the policy’s limit. Extra automobile mileage if you locate farther away.Dining expenses, exceeding your usual cost of groceries.The extent of damage (which drives the length of time for repairs) will determine whether short-term or longer-term housing is appropriate. ![]() A motel/hotel room, a rental apartment, or a home while your property is being repaired or replaced.HO-8 policies are usually written for high-value, expensive homes and historic mansions.Īfter a covered loss, ALE should pay for your above regular costs for expenses such as: However, there are a few exceptions, such as the HO-8 policy, where this coverage is capped at 10%. That is up to 30% of your home's replacement cost coverage limit. In most homeowner policies in Texas, this coverage is generally equal to 10-30% of Coverage A. Unfortunately, many homeowners do not realize they have this coverage and may not see how it can help carry the financial burden of temporary housing during the restoration period.Īccording to the International Risk Management Institute (IRMI), "ALE coverage reimburses the insured for the cost of maintaining a comparable standard of living following a covered loss that exceeds the insured's normal expenses before the loss." It will cover your additional living expenses, such as food or staying at a hotel, while your home is temporarily uninhabitable after a covered property damage loss - like a fire. Additional Living Expense (ALE) coverage is a standard part of most homeowners' insurance policies.
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