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Homeowners Insurance and Lost wagesNo, Homeowners Insurance typically does not provide coverage for lost wages of a homeowner. They generally do provide coverage for additional living expenses during a covered loss that will help you pay for temporary living accommodations such as a hotel bill or a temporary apartment while your home is repaired.

By providing additional living expenses it is reasoned that any loss or work could be kept to a minimum helping to mitigate encumbrance of the property owner to be gainfully employed.

If your disaster is regional in nature in that your place of work also has been damaged then you could likely seek temporary relief through your local Unemployment office until such time as your employer is back in business.

If you are self employed from your home then hopefully you carry Business interruption coverage under your Business or Commercial Insurance policy that would cover lost income.

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Q: Does homeowners insurance cover lost day work due to disaster?
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