If your home is damaged in a covered event, it could become unsafe to live in. Damage from events like fire or an explosion could create a situation that could displace you temporarily. If this is the case, you could find yourself paying hundreds or thousands of extra dollars per month in living expenses — unless you have home insurance coverage that provides loss of use coverage. Loss of use coverage, also sometimes called temporary housing coverage, may provide rental assistance and other living expenses relating to your temporary relocation.

If your home is damaged in a covered event, and you need temporary housing, the professionals at Brock and Poole Insurance Agency servicing Collierville, TN can help. We can provide information about your home insurance that can help you determine whether you’re eligible for loss of use in your current situation. 

Why Would You Need Temporary Housing?

People use their loss of use coverage when they need to move out of their house while it’s being repaired after a covered event. An example of a time when you might need temporary housing is if your house is destroyed in a fire. While the house is being rebuilt, you will need another place to stay. As long as your house is damaged in a covered event, you may be able to use your loss of use coverage to help you afford another place to live. 

Need Help With Your Insurance Claim? Contact Us

It can be a challenge to navigate a home insurance claim. This is why many people turn to Brock and Poole Insurance Agency servicing Collierville, TN. We provide assistance to our clients as they manage their insurance claims. We’re here to help! Call today to get started with your home insurance claim.

If you have recently inherited some household items that you plan on storing in your residence, you may be interested in insuring them. Insuring items of value will protect keepsakes, family heirlooms, and other newly-possessed items that you care about.

Threat of Theft or Damage

The items that you have inherited may mean a great deal to you. You may have strong emotional bonds with some items. Others may serve an important purpose and make day-to-day life easier for you.

Consider the threats you face that could place your new possessions in danger. You may be concerned about criminal activity or a natural disaster. If a household good is damaged, and you will be unable to handle the out-of-pocket fees associated with repairing it, you may want to consider insuring the item now.

If an item is outright stolen from your residence, having adequate insurance coverage will enable you to replace the item with a new one that is of equal value.

Comprehensive List

Before insuring the items that you have inherited, prepare a comprehensive list. The list should detail what types of items you have inherited and their current value. If you have specific model numbers for some of the items, it is a good idea to keep track of them.

Once you have prepared the list, review it. During your review you can decide how much insurance coverage you need. You can also research different types of home insurance, which will help you select the best ones for the items you own.

Agent Support from The Brock and Poole Insurance Agency

Once you are ready to update your home insurance policy, contact one of our agents. An agent who represents the Collierville, TN region will be ready to assist you.