Coverage for additional living expenses (ALE) helps you to maintain your usual standard of living outside the home during home repairs. You shouldn't exceed the coverage limits if you want your insurance carrier to foot your entire bill for the duration you are outside the home. Here are a few tips to help you remain under the limit.
Understand ALE Coverage
The first precaution is to understand what ALE coverage means.
Building a business from the ground up can be an incredibly rewarding and lucrative venture. However, it is still important to have a financial safety net in the event of lawsuits and other unexpected events, which is why having business insurance is so important. A comprehensive business insurance policy will provide coverage for a number of things, including worker's compensation and liability, while also offering coverage for vehicles and property owned by the company.
