Blanket limit coverage provides a total limit of insurance which can be applied to multiple locations or buildings. By contrast, a specific limit of insurance defines separate limits which are applied to each individual property. Blanket limit is a powerful coverage for a landlord or business owner who have more than one location.
Watch this video “What is the difference between blanket limit insurance and specific limit insurance?” for more details:
This is Question #21 of a 100 insurance video series that Ross & Yerger is producing to provide insurance consumers with quick, valuable answers to their everyday insurance questions.
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