Mandatory Evacuations Can Trigger Insurance Benefits

SEELEY LAKE – Have you been evacuated during the Rice Ridge Fire? Owner of Summit Insurance Agent Tom Monaghan said most homeowner policies have coverage that will pay additional living expenses in the event of a mandatory evacuation.

The coverage that lends financial assistance to clients in causes of the Rice Ridge Fire is called Additional Living Expense (ALE). Some companies may brand it with different names but in the industry it’s referred to as Coverage D. If anyone affected calls their agent and asks about Coverage D, the agent will know what they are referring to.

ALE is a coverage th...


Reader Comments(0)

Rendered 07/19/2024 23:55