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

Comparing Mortgage Terms

Comparing Mortgage Terms

Estimate the total cost in today's dollars of various mortgage alternatives.

Medicare vs. Medicaid

Medicare vs. Medicaid

The terms Medicare and Medicaid sound similar but are two very different things. Learn the differences in this informative article.

Protection Against Uninsured Drivers

Protection Against Uninsured Drivers

You’re hit by an uninsured driver. Now what? Are you protected against financial losses?