What is the primary purpose of loss of rents coverage in the TDP 2?

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The primary purpose of loss of rents coverage in the TDP 2 is to pay for rent during repairs. This coverage is designed for property owners who may lose rental income if their property becomes uninhabitable due to a covered loss, such as fire or water damage. While the property is being repaired, the loss of rents coverage ensures that the owner can still manage their financial responsibilities, as they are not able to collect rent from tenants during this period. This protection is vital for landlords as it provides a financial buffer, allowing them to maintain their cash flow while their property is being restored.

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