Additional living expense coverage does not pay for damage to your home or belongings. Other coverages in your policy typically help protect against those types of losses.

The dwelling coverage in a homeowners insurance policy, for example, may help pay to repair physical damage to your home caused by a covered peril, like a fire or windstorm. Personal property coverage, which is a standard part of most homeowners, condo and renters insurance policies, may help pay to repair or replace belongings damaged by a covered peril.

No one expects to be displaced from their home. But understanding your additional living expense coverage is a start toward being prepared for a difficult situation. Have questions about additional living expense coverage?