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A family insures its home under an HO-3 policy. A fire extensively damages the kitchen and two bedrooms. Local authorities deem the home unlivable and
A family insures its home under an HO-3 policy. A fire extensively damages the kitchen and two bedrooms. Local authorities deem the home unlivable and the family moves to a hotel while the home is being repaired. What will the insurer pay under the HO-3 policy, Section I, Coverage DLoss of Use provisions? Available answer options Select only one option A All expenses incurred by the family while living temporarily in the hotel subject to the Loss of Use limit. B Fair Rental Value of the expense of living in a hotel, subject to the Loss of Use limit. C A per day amount toward incurred living expenses subject to the Loss of Use limit. D Increases in living expenses incurred by the family while living in a hotel, subject to the Loss of Use limi
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