Which of the following best describes Loss of Use coverage?

Loss of Use coverage is primarily designed to support homeowners by covering the additional living expenses they may incur if their home becomes uninhabitable due to a covered peril, such as a fire or severe storm. This type of coverage typically includes costs like hotel stays, meals, and other necessary living expenses while the home is being repaired, allowing policyholders to maintain a reasonable standard of living despite the disruption caused by the loss.

In contrast, while other choices mention utility bills, property improvements, or personal items, they do not capture the primary intent of Loss of Use coverage. This coverage is specifically focused on facilitating the homeowner’s ability to manage living expenses when their home is not livable, rather than other aspects of property management or item replacement.