The Importance Of Having Additional Living Expense Coverage
If anything ever happens to your home that prevents you from living there for a while, such as fire damage, do you have a plan for how you would pay to stay somewhere else while your home is being fixed? If you have home insurance on your house, it might cover the costs of repairing your house, but it would not cover the expenses of staying somewhere else during this time unless you have additional living expense (ALE) coverage.