Insurance

What is Blanket Coverage?

Blanket Coverage

[blang-kit / kuhv-er-ij]

noun

1.

Blanket Coverage insures multiple properties under the same Policy. Blanket Coverage can ensure more than one type of property at one location, several of the same types of property at more than one location, or multiple types of property at multiple locations. An example is a Homeowner’s Insurance Policy that covers a dwelling as well as the personal property inside the dwelling, “blanketing” all of the homeowner’s goods.

Share |

Have A Question About This Topic?

Thank you! Oops!

Related Content

Should You Have More Than One Life Policy?

Should You Have More Than One Life Policy?

Whether you need more than one life insurance policy will depend on your personal and financial situation. In this article, we explore some of the reasons one might purchase additional policies.

Consider These 3 Things Before Driving Off the Lot

Consider These 3 Things Before Driving Off the Lot

There are a few things to consider when buying or leasing your next vehicle.

Did You Know This Fact About Claims Advances?

Did You Know This Fact About Claims Advances?

If a fire forces you out of your home, you can ask for a claim advance.