Which coverage addresses the fair rental value when a property becomes uninhabitable?

The coverage that addresses fair rental value when a property becomes uninhabitable is Coverage D. This coverage typically applies to scenarios where a property that is being rented out cannot be occupied due to a covered loss, such as fire or other peril. In such cases, Coverage D provides compensation to the property owner for the rental income that is lost during the time the property cannot be rented out.

This is essential for landlords, as it ensures they are protected from financial loss due to circumstances that make the property uninhabitable. The amount covered is usually based on the actual rental income that would have been received for the property minus any expenses that are not incurred while the property is uninhabitable. Understanding this coverage is crucial for anyone involved in rental properties, ensuring they can plan appropriately for potential losses.