Multiple choice technology mainframe

What is LOU?

  1. LOSS OF USE

  2. LOSS OF UNDERWRITER

  3. LOSS OF UNINSURED

  4. NONE

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

LOU stands for Loss of Use, a common insurance coverage provision that pays for additional living expenses or transportation costs when a covered loss makes the property uninhabitable. It has nothing to do with underwriters or uninsured status.