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In the ISO Homeowners policy structure, which coverage provides additional living expenses and fair rental value when the residence is uninhabitable due to a covered loss?

ACoverage B — Other Structures
Coverage D — Loss of Use
CCoverage C — Personal Property
DCoverage E — Personal Liability

Why this is the answer

The ISO Homeowners policy uses a six-letter structure: Section I has A Dwelling, B Other Structures, C Personal Property and D Loss of Use; Section II has E Personal Liability and F Medical Payments to Others. Coverage D pays Additional Living Expense (ALE) to maintain the household's normal standard of living plus Fair Rental Value if a portion was rented out, paid for the shortest time required to repair or replace the damage or, if the household permanently relocates, the shortest time required to settle elsewhere (ISO HO 00 03, Section I, Coverage D).

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