§ 22:1338 — Additional living expense coverage; total loss

§1338. Additional living expense coverage; total loss
A. In the event of a total loss to an insured dwelling caused by a covered peril, if the
insured has additional living expense coverage, the insurer shall, upon request by the insured,
render an advance payment equal to the estimated value of three months of increased cost
of living expenses, as defined in the policy, required for the members of the household to
maintain their normal standard of living. Further payments of additional living expense
coverage, after the advance period, shall be payable upon submission of satisfactory proof
of loss, if it is determined that the actual cost of incurred additional living expenses exceeds
the amount previously advanced.
B. Nothing in this Section shall be interpreted to prohibit an insurer from restricting
payment in cases of suspected fraud.

Legislative History

Acts 2022, No. 558, §1, eff. Jan. 1, 2023.