Home destroyed in a hurricane

Will Insurance Pay For Living Costs While I’m Out of My Home Due to Hurricane Damage?

Suffering damage to your home as a result of a hurricane is a difficult experience to endure. However, if you have homeowners’ insurance, you should be able to receive some financial assistance to help cover your losses.

One of the benefits you may wonder about is whether or not you can receive compensation to help pay for the costs of living while your home is unlivable as a result of hurricane damage. Here’s what you should know:

Most Homeowners’ Insurance Policies Should Cover Additional Living Expenses

As you know, home repairs can take quite a while, particularly after a severe natural disaster. Most people cannot afford additional living expenses while their homes are undergoing repair for hurricane damages.

Luckily, most homeowners’ insurance policies will pay for additional living expenses for up to one year while your home undergoes repairs. Some of the expenses they should pay for include:

  • Rent
  • Food
  • Other costs

Other insurance companies will offer to pay for your additional living expenses up to a certain percentage of your total coverage amount. It just depends on the language used in your policy.

Additional Living Expenses May Be the First Benefits You Receive from the Insurance Company

Your insurance company may take some time to determine how much it will pay for your home’s repairs or rebuild. In the interim, your provider may pay for your additional living expenses, which could be the first compensation you see from the insurance company for your claim.

Your living expenses can add up quickly if you must be away from your home for a while as you wait for it to be repaired or rebuilt.

Be sure to retain all of the receipts you get so that you can submit them to your insurance provider for reimbursement. Depending on your insurance carrier, you may even be provided with a debit card to pay for these expenses.

If your property has been damaged as a result of a hurricane, we want to help see that you receive the compensation you deserve. Don’t hesitate to reach out right away with any questions you may have.

To learn how we can help, contact our experienced team right away with the details of your case by calling (318) 707-0515 or filling out the online contact form.