Blanket Coverage

Blanket coverage provides a single aggregate limit that applies across multiple properties, locations, or categories of insured items. Instead of scheduling specific values for each building or asset, the insured carries one limit that can respond to losses at any covered location. This approach offers flexibility because the full policy limit is available to cover a major loss at any single location, rather than being capped at that location's individually scheduled value. Blanket coverage is common in property insurance for organizations with multiple locations and in inland marine policies covering fleets of equipment. In COI compliance, blanket coverage verification requires confirming that the overall blanket limit is sufficient to cover the certificate holder's exposure. Unlike scheduled coverage where a specific limit is assigned to a known property, blanket coverage may not clearly indicate how much protection applies to any individual location. Compliance platforms should flag blanket policies for manual review when the contractual requirement specifies a per-location minimum that cannot be directly confirmed from the blanket limit alone.