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.

Have A Question About This Topic?

Thank you! Oops!
 

Related Content

The ABC’s of Auto Insurance

The ABC’s of Auto Insurance

What kind of auto insurance should you have? Do you know?

Ways to Supplement Your Medicare Coverage

Ways to Supplement Your Medicare Coverage

There are numerous ways to supplement your Medicare insurance coverage. This article helps you explore your options.

9 Facts About Retirement

9 Facts About Retirement

Regardless of how you approach retirement, there are some things about it that might surprise you.