Loss of Use- Harpreet Insurance Broker
Insurance Vocabulary Word
#LossofUse coverage is an #insurance endorsement that provides you with a replacement vehicle or reimburses you for transportation costs while your vehicle is being repaired or replaced due to an insured loss. This can include rental cars, public transportation, or rideshare services like Uber or Lyft.
For example, if your car is damaged in an accident and needs repairs, Loss of Use Coverage would help cover the cost of a rental car until your vehicle is back on the road.
Do you have any specific questions about Loss of Use coverage or how it might apply to your insurance policy?
Sincerely,
Harpreet Singh, Most lovable ❤️ Insurance Broker in Ontario
Phone – 6476217890
Email – insurancechampion@outlook.com
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