Quote:
Originally Posted by GGG
Have you checked your insurance situation if they will cover you for the 16 months? A friend of mine had some significant damage to his unit a few years ago and ended up using Airbnb to find a place for monthly rental for the 4 months and insurance covered the whole thing.
The other thing is sometimes the bank will work with you around mortgage payments in these types of situations where the home is not livable.
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Of course I've checked with my insurance and fortunately I do have coverage for living expenses, however there is a cap on that coverage. My wife and I won't be staying at an AirBnB, or in a furnished apartment for 16 months, that's for sure.
Still waiting to do a walk-through with an adjuster but I expect all our furniture and fixtures will be a total loss. Clothes too, most likely.