My insurance company, Country Financial, is covering my ALE until the end of 2023, two years to the date of the Marshall fire. I stayed with a friend the first 6 weeks, and was paid $1500 towards that first 6 week period, which I gave to my friend. I moved into a long term rental after that first 6 weeks, and CF pays the $2600 monthly rental on that, per a 6 month lease at at time. My policy lists a total amount of ALE they will pay me, and my adjuster says that my ALE is up after 2 years.
The total amount in my ALE bucket, according to CF, will still have funds after the 2 year mark occurs, approx. $8000. My house is not estimated to be completed until Jan or Feb, which means it will probably be later than that. I will need that $8000 to cover rent during that time – am I entitled to it?
My adjuster says they will pay what the lease says through the end of 2023. Do I need to ask my landlord to change the lease to include the additional $8000 somewhere? Thank you.