GENERAL KNOWLEDGE

Detailed explanation-1: -Blanket insurance is a single property insurance policy that covers more than one type of property at the same location, the same kind of property at multiple locations, or multiple kinds or property at two or more locations.

Detailed explanation-2: -Blanket limit is a single limit of insurance that applies over more than one location or more than one category of property coverage or both.

Detailed explanation-3: -Blanket insurance can either refer to an insurance policy that covers multiple types of property or an endorsement that increases personal property coverage. Umbrella insurance is an endorsement that increases the personal liability coverage on your home, renters, or condo insurance.

Detailed explanation-4: -What is Blanket Jewelry Coverage for Renters? Blanket Jewelry allows you to have a dollar amount of coverage specifically for jewelry, separate from your Personal Property coverage. What you should know about this coverage: “Blanket” means one set amount to cover your jewelry, rather than itemizing individual pieces.