Under a dwelling broad or special policy, what is the maximum amount paid for "loss of use" if coverage A is $60,000?

The maximum amount paid for "loss of use" under a dwelling broad or special policy is typically calculated as a percentage of the coverage amount for the dwelling itself, often referred to as Coverage A. In this case, the coverage amount is $60,000.

For many policies, "loss of use" coverage generally provides a specified percentage, commonly around 20%, of the dwelling coverage. This means that, if we use 20% of the $60,000 Coverage A, the calculation would be:

20% of $60,000 = $12,000.

Thus, the maximum benefit for "loss of use," which assists homeowners who cannot reside in their homes due to damage (providing funds for temporary accommodations and living expenses), aligns with the $12,000 figure. This frame of reference ensures that policyholders have adequate support in managing the consequences of a covered loss.