Coverage that may help with increased living costs if a covered loss makes the home unlivable.
Why it matters
It can matter after fires, tornadoes, water losses, and other severe claims.
Example
A hotel after a covered fire may fall under ALE if the policy applies.
Common mistake
Assuming it pays every expense, not just increased covered costs.
Related terms
Definitions are educational summaries. The policy's definitions and applicable law control a specific claim or coverage question.