Rents or rental value insurance

{
  "id": "MLC-T-INS-002885",
  "term": "Rents or rental value insurance",
  "field": "Insurance and risk management",
  "definition": "Coverage that protects a property owner against the loss of rental income or the fair rental value of their property if it becomes uninhabitable due to a covered peril. This insurance compensates the owner for the period the property cannot be rented or occupied. It is often included as part of a commercial property policy or a homeowners policy.",
  "url": "https://mlchart.com/terminology/insurance/rents-or-rental-value-insurance/"
}