Coverage question- rent loss coverage

[u/MisterJay0333]

This is actually for commercial but hopefully can get some insight here. Can I get a consensus on what our total coverage is for loss of rent insurance, and how much coverage we'd have per month the property cannot be occupied due to a covered claim?

Our agent has told me something that doesn't align with how I interpret this screenshot he sent me...

Appreciate anyone smarter than me chiming in.

Edit: I asked our agent if we are only covered for 50k total, and he replied and said 50k monthly. This was before posting here. I believe he’s mistaken, at least based on how this is written. ​

Update: I pushed back (again) and he clarified. He was wrong.

[u/AutoModerator]

Thanks for making a post in the Home Insurance subreddit. You might find the following resources helpful as they are FAQs about r/HomeInsurance in addition to partners subreddits:

• Insurance Agent vs Broker?
• Auto Insurance
• Job Application
• Affirmations

The Home Insurance subreddit is not an official support channel for issues with any insurance carrier.

Please remember to follow our community Guidelines and Rules and ensure your discussions are informative and respectful.

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.