MLchartDataset catalogue

Additional living expense coverage (ALE)

Term · Insurance and risk management · MLC-T-INS-000321

A component of homeowners or renters insurance that pays for the increased costs of living incurred when a covered loss makes the insured's home uninhabitable. This includes expenses such as hotel stays, temporary rentals, meals, and laundry that exceed normal household expenditures. ALE typically covers these costs for a specified period or up to a certain limit while the home is being repaired or rebuilt.

Table 1. Record
IdentifierMLC-T-INS-000321
FieldInsurance and risk management
SubjectPersonal Lines
AbbreviationALE
Record as JSON 
{
  "id": "MLC-T-INS-000321",
  "term": "Additional living expense coverage (ALE)",
  "field": "Insurance and risk management",
  "definition": "A component of homeowners or renters insurance that pays for the increased costs of living incurred when a covered loss makes the insured's home uninhabitable. This includes expenses such as hotel stays, temporary rentals, meals, and laundry that exceed normal household expenditures. ALE typically covers these costs for a specified period or up to a certain limit while the home is being repaired or rebuilt.",
  "abbreviation": "ALE",
  "subject": "Personal Lines",
  "url": "https://mlchart.com/terminology/insurance/additional-living-expense-coverage-ale/"
}

Record 54 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.